Business, Rebates

$1 billion class-action lawsuit filed against Loblaws over bread price-fixing scheme

If you decide to claim the $25 offer by Loblaws as described in my previous blog entry, you might not be eligible for payment from the $1 billion class-action lawsuit filed against  Loblaws.

According to article published by Toronto Star:

Jean-Marc Leclerc, a lawyer with Sotos LLP and co-counsel to the case told the Star on Sunday that he cannot yet confirm whether accepting the $25 gift card will have an effect on someone’s ability to claim damages.

“We will argue to the court that this is a gratuitous offer that is being made by Loblaw, and does not represent in any way an adequate award of damages,” Leclerc said in a phone interview.

If the defendants (Loblaws) attempt to argue that gift card recipients can’t participate in the suit, Leclerc said Sotos LLP will “go to the court on very short order to say that is improper, and that we want relief from the court relating to that issue.”

Leclerc stressed that the matter remains before the court, which will ultimately decide whether the gift card will impact damages awarded to participants of the suit.

Click here to read the article published by Toronto Star.

Business, Rebates

$25 gift card for customers who purchased bread at Loblaws

Loblaw Companies Ltd. is offering customers a $25 gift card as a goodwill gesture after admitting the company participated in an industry-wide bread price-fixing arrangement. If you purchased bread at Loblaws (including No Frills and other stores owned by Loblaws), you will be eligible to receive this offer.

If you decide to redeem the $25 offer, follow the instructions below. All information below taken from article published by Winnipeg Free Press.

Customers can visit and enter their email address to be notified once registration opens.

The company expects registration to begin on Jan. 8, 2018.

Full details will follow, but broadly speaking, visitors to the site will have to declare that they are the age of majority or older, said spokesman Kevin Groh, in an email.

The age of majority is 18 in Alberta, Manitoba, Ontario, P.E.I., Quebec and Saskatchewan. It is 19 in B.C., New Brunswick, Newfoundland, Nova Scotia and the three territories.

They will also have to declare that they bought certain packaged bread products at one of the eligible banner stores in Canada before Mach 1, 2015, he said.

Registration closes May 8, 2018.