Latest news with #LoblawCos.Ltd.
Vancouver Sun
6 days ago
- Business
- Vancouver Sun
How to get your slice of the $500-million bread-fixing class-action settlement
Canadians who bought packaged bread in the past two decades may be eligible for a cash payout from a $500-million bread-fixing class action settlement . Earlier this month, the Ontario Superior Court approved the national settlement of a lawsuit that accused Loblaw Cos. Ltd. and its parent company, George Weston Ltd., of participating in an industry-wide scheme to fix the price of bread. The Quebec Superior Court still needs to approve a second agreement applicable to residents of that province, during its next hearing on June 16. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Seventy-eight per cent of the funds are allocated to the Ontario class (covering all of Canada except Quebec), and 22 per cent to the Quebec class. Eligible bread includes most packaged bread products found in grocery store aisles (e.g., sliced sandwich bread, buns, rolls). Ineligible items generally include bread baked fresh in-store, artisan loaves or frozen bread. Eligible claimants include individuals or businesses who purchased packaged bread , produced or distributed by one of the defendants, in Canada between Jan. 1, 2001 and Dec. 31, 2021. Claimants to the Ontario settlement who bought the product for personal use must have resided in Canada (excluding Quebec) as of Dec. 31, 2021. A claimant who received a $25 Loblaw gift card in 2018–2019 will still be eligible, but the gift card amount will be deducted from any payout. Defendants and related parties are excluded. Once both settlements are approved, an online claims process will be established on the official Ontario and Quebec settlement websites. Eligible individuals and businesses are automatically included in the class action. They will need to submit a claim online once the process opens. For updates and to submit your claim, monitor the official settlement websites. If you have kept grocery receipts from the eligible period, look for packaged bread products from major brands or store brands associated with the named companies. If you do not have receipts, you can still file a claim. The settlement does not require proof of purchase for claims up to a certain amount (typically $25), but you may be asked to provide details about where and when you usually bought bread. Higher claims or business claims may require documentation. The exact payout has not yet been determined and will depend on the number of approved claims and the net settlement amount after legal and administrative fees. Most eligible claimants who did not previously receive a Loblaw gift card could receive up to $25. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .
Edmonton Journal
6 days ago
- Business
- Edmonton Journal
How to get your slice of the $500-million bread-fixing class-action settlement
Article content Canadians who bought packaged bread in the past two decades may be eligible for a cash payout from a $500-million bread-fixing class action settlement. Earlier this month, the Ontario Superior Court approved the national settlement of a lawsuit that accused Loblaw Cos. Ltd. and its parent company, George Weston Ltd., of participating in an industry-wide scheme to fix the price of bread.
Toronto Star
26-05-2025
- Business
- Toronto Star
Judge approves $500M settlement in Loblaw, George Weston bread price-fixing case
TORONTO - Some Canadian shoppers may soon receive cash from a class-action lawsuit that accused Loblaw Cos. Ltd. and its parent company George Weston Ltd. of engaging in an industry-wide scheme to fix the price of bread. Ontario Superior Court Judge Ed Morgan approved a $500-million settlement in the case on May 7, saying the money put forward by the grocery companies was 'an excellent and fair result for all concerned.'
Vancouver Sun
26-05-2025
- Business
- Vancouver Sun
Judge approves $500-million settlement in Loblaw bread-fixing case
An Ontario judge has approved a settlement in a class-action lawsuit that accused Loblaw Cos. Ltd. and its parent company George Weston Ltd. of engaging in an industry-wide scheme to fix the price of bread. In a written decision, judge Ed Morgan says the $500-million settlement is excellent, fair and in the best interest of class members. The settlement was reached last year and includes a combined $404 million to be paid by Loblaw and George Weston. The remaining $96 million is accounted for through a gift card program Loblaw announced in 2017 to make amends for co-ordinating the price of some packaged bread back to 2001. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Once legal fees and other court expenses are paid, records show 78 per cent of the settlement funds will be allocated to residents in Canada outside Quebec and 22 per cent will wind up with people in that province. Those eligible for a piece of the settlement had to have purchased packaged bread for personal use or for resale between January 2001 and December 2021. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .
Global News
26-05-2025
- Business
- Global News
Judge approves $500M settlement in Loblaw, parent company bread-fixing case
An Ontario judge has approved a settlement in a class-action lawsuit that accused Loblaw Cos. Ltd. and its parent company George Weston Ltd. of engaging in an industry-wide scheme to fix the price of bread. In a written decision, judge Ed Morgan says the $500-million settlement is excellent, fair and in the best interest of class members. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy The settlement was reached last year and includes a combined $404 million to be paid by Loblaw and George Weston. The remaining $96 million is accounted for through a gift card program Loblaw announced in 2017 to make amends for co-ordinating the price of some packaged bread back to 2001. Once legal fees and other court expenses are paid, records show 78 per cent of the settlement funds will be allocated to residents in Canada outside Quebec and 22 per cent will wind up with people in that province. Story continues below advertisement Those eligible for a piece of the settlement had to have purchased packaged bread for personal use or for resale between January 2001 and December 2021.
