George Weston (TSE:WN) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
George Weston Limited and Loblaw Companies Limited have settled class action lawsuits related to a historical bread price-fixing scandal, agreeing to pay a total of $500 million, including cash payments and credits from a previous refund program. The companies have apologized for their involvement, reported the issue upon discovery, and implemented stringent compliance measures to prevent recurrence.
For further insights into TSE:WN stock, check out TipRanks’ Stock Analysis page.