Claim Form Deadline: To Be Announced
Payout: To Be Determined
Proof Required: Not Yet Available
What is the $500 Million Packaged Bread Price-Fixing Lawsuit?
A $500 million class action lawsuit has been filed regarding an alleged price-fixing conspiracy in the packaged bread industry in Canada. The lawsuit involves several major Canadian bread companies, 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 lawsuit claims that these companies have been conspiring to fix the price of packaged bread in Canada since November 2001. The action followed raids by the Competition Bureau in October 2017 as part of a criminal investigation into the alleged price-fixing scheme. The class includes all individuals residing in Canada as of December 31, 2021, who purchased packaged bread from the defendants between November 2001 and December 31, 2021, with the exception of those affiliated with the defendants.
What is the Total Settlement Amount?
The settlement amount totals $500 million. This includes a cash payment of $404 million by George Weston and Loblaw, with an additional $96 million previously paid by Loblaw through the Loblaw Card program. This settlement represents the largest antitrust settlement in Canadian history and is pending court approval.
How Do I Qualify for a Payout?
To qualify for a payout, you must be a member of the certified class, which comprises all individuals residing in Canada as of December 31, 2021, who purchased packaged bread from the defendants between November 2001 and December 31, 2021, excluding those affiliated with the defendants.
How Much Can I Get Paid?
The specific amount each class member will receive will be determined by a distribution plan outlined in the formal settlement agreement, pending court approval. Payments will be made to eligible class members after deducting court-approved fees and expenses, if the settlement is approved.
How Do I File a Claim?
Information on how to file a claim will be provided once the formal settlement agreement is finalized and court-approved. You can register for updates and monitor class action websites for further information and updates regarding the lawsuit.
Please be aware that your claim form will be rejected if it contains fraudulent information. By submitting your information and your sworn statement of its accuracy, you are agreeing to do so under penalty of perjury. Submitting false information not only jeopardizes your claim but also affects others who are genuinely eligible for the settlement. If you are uncertain about your eligibility for this class action settlement, please visit the class action administrator’s website for more information. Note that NoProofClassActions.org participates in the Amazon affiliate advertising program, and this post may include affiliate links, which could result in us earning a commission if you make a purchase through those links.