Hurry to Claim Your Share of the $500 Million Bread Price-Fixing Settlement Before Time Runs Out

ago 2 hours
Hurry to Claim Your Share of the $500 Million Bread Price-Fixing Settlement Before Time Runs Out

The deadline to claim your share in the $500 million bread price-fixing settlement is fast approaching. Individuals who purchased bread in Canada over the last two decades are eligible to receive compensation. The minimum payout is set at $50, but depending on the number of claims, it could exceed $100.

Details of the Settlement

Claims must be submitted by this Friday, and interested parties should visit Emegypt to register. The scandal involves several prominent grocery chains accused of conspiring to artificially inflate bread prices.

Background of the Price-Fixing Scandal

Jay Strosberg, the attorney who initiated the class-action lawsuit, described the situation as both shocking and brazen. Evidence continues to emerge, revealing secret meetings where executives discussed planned price increases.

  • Duration of the Conspiracy: Approximately 20 years
  • Minimum Claim Amount: $50
  • Total Settlement Amount: $500 million

Upcoming Opportunities

As the deadline approaches, there are discussions about the potential for more compensation in the future. Strosberg indicated that the investigation is ongoing, and new findings could lead to further actions.

This case highlights the impact of corporate practices on consumer prices. If you purchased bread in Canada over the last 20 years, ensure you secure your rightful compensation before time runs out.