Are you seeking compensation in the class-action lawsuit over grocery stores fixing the price of bread?
Canadians have until Friday to claim compensation from a $500 million class-action lawsuit against Loblaw and George Weston for price-fixing of bread.Summary
Canadians who purchased packaged bread between January 2001 and December 2021, and did not accept a previous gift card from Loblaw, have until Friday to submit a claim for compensation from a $500 million class-action lawsuit. The lawsuit accused Loblaw Cos. Ltd. and George Weston Ltd. of participating in a scheme to fix bread prices. Claimants could receive $25 within six to twelve months of the deadline.
The Ontario Superior Court approved the settlement in May, with Loblaw and George Weston contributing $404 million and an additional $96 million accounted for through a prior gift card program. After legal fees, 78% of the funds will go to Ontario shoppers, with the remainder going to Quebec residents, and any leftover funds distributed to those who claimed gift cards.
The saga began with allegations against major grocers like Metro, Sobeys, Walmart Canada, Canada Bread, and Giant Tiger, though they denied involvement. Loblaw and George Weston admitted to the practice in 2015, leading to a gift card offer and, ultimately, the class-action lawsuit filed in December 2021.
(Source：Castanet)