$500M Packaged Bread Price-Fixing Class Action - Canada
Unsplash | Published: August 3, 2024
Claim Form Deadline: Pending
Payout: Pending
Proof required: N/A
What is the $500M Packaged Bread Price-Fixing Lawsuit?
A $500 million class action lawsuit is about an alleged industry-wide price-fixing conspiracy for packaged bread products in Canada. The class action was filed against multiple major packaged bread companies in Canada, including Loblaw Companies Limited, George Weston Limited, Weston Foods (Canada) Inc., Weston Bakeries Limited, Sobeys Inc., Metro Inc., Wal-Mart Canada Corp., Giant Tiger Stores Limited, and Canada Bread Company, Limited.The allegations in the $500,000,000 class action lawsuit are that these companies above have conspired to fix the price of packaged bread in Canada since November 2001. The action was initiated after the Competition Bureau executed raids in late October 2017 as part of a criminal investigation into the alleged price-fixing scheme. The class includes all persons residing in Canada as of December 31, 2021, who purchased packaged bread from the defendants between November 2001 and December 31, 2021, excluding parties related to the defendants.
What is the Total Settlement Amount?
The total settlement amount agreed upon is $500 million. This includes a cash payment of $404 million by George Weston and Loblaw, with $96 million already paid by Loblaw through the previously administered Loblaw Card program. This settlement is the largest antitrust settlement in Canadian history and is subject to court approval.How Do I Qualify for a Payout?
To qualify for a payout, you must be a member of the certified class, which includes all persons residing in Canada as of December 31, 2021, who purchased packaged bread from the defendants between November 2001 and December 31, 2021, excluding parties related to the defendants (the Canadian companies involved in alleged bread price-fixing).How Do I Find Class Action Settlements?
Find all the latest Class Action Settlements you can qualify for by getting notified of new lawsuits as soon as they are open to claims:How Much Can I Get Paid?
The exact amount each class member can receive will be determined by a plan of distribution, which will be included in the formal settlement agreement and subject to court approval. The settlement payment will be distributed to eligible class members after deducting court-approved fees and expenses, if the packaged bread class action settlement receives final approval.How do I file a claim?
Details on how to file a claim will be provided once the formal settlement agreement is finalized and approved by the court. You may be able to register for updates and monitor class action websites for further information and updates to the lawsuit.Claim Form Website: Click Here
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Filing Class Action Settlement Claims
Please note that your claim form will be rejected if you submit a settlement claim for payout with any fraudulent information. By providing this information and your sworn statement of its veracity, you agree to do so under the penalty of perjury. You would also be harming others that actually qualify for the class action settlement. If you are not sure whether or not you qualify for this class action settlement, visit the class action administrator's website below. OpenClassActions.com is only providing information and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.
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