Canadians and businesses can submit claims after several class-action lawsuits were settled within the past year.
While payment estimates vary, the overall settlement totals range from $1.55 million to $188 million.
Here are a few class-action lawsuits that settled in 2022, along with their deadlines for when to apply.was reached this week with several electronics companies over the alleged price-fixing of optical disc drive products sold between Jan. 1, 2004 and Jan. 1, 2010. ODD products include DVD and Blu-Ray players, video game consoles and desktop computers.
Proof of purchase is not required to submit a claim, unless an individual is looking to seek more than the minimum $20.Several Canadian and U.S. banks have agreed to pay a $188 million settlement after a lawsuit alleged they were charging high interchange fees to merchants between March 23, 2001 and Sept. 2, 2022.
The payment estimate of each eligible class member will be based on the yearly revenue they earned. Forty per cent of the settlement will be allocated to small merchants earning less than $5 million a year, 10 per cent will be given to medium merchants earning $5 to $20 million and 50 per cent will be given to large merchants earning over $20 million.
Repairs done by an authorized Nissan dealer will be reimbursed in full but those done by a non-Nissan shop will be reimbursed up to $6,000. The reimbursement will only be given for repairs done to the vehicle’s transmission within 84 months or 140,000 kilometers of service, whichever occurs first.
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