Search

The catch: What Loblaw wants for its $25 gift card

Loblaw has officially opened registration for customers to claim a $25 gift card as compensation for bread price-fixing in the grocery industry, but the fine print shows there will be a catch for anyone who signs up.

The catch isn’t as major as some feared, as Loblaw says individuals will still be permitted to participate in future class-action lawsuits against the company. However, anyone who does garner a future monetary award from Loblaw will be docked $25 from the payout, the company says.

In other words, taking Loblaw’s $25 card now means you can still participate in a lawsuit, but $25 will be subtracted from the settlement.

Loblaw began accepting registration for the card online Monday.

Anyone who signs up for the card must agree to “release and forever discharge Loblaw… from any and all claims or causes of action... to the extent of twenty-five dollars,” the Loblaw claim site says.

The company says agreeing to the release “will not impact your right to participate in any class actions relating to an overcharge on the price of packaged bread."

Let's block ads! (Why?)



Bagikan Berita Ini

0 Response to "The catch: What Loblaw wants for its $25 gift card"

Post a Comment

Powered by Blogger.