Loading...
Market
Will Galen Weston remain CEO of George Weston Ltd. by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from George Weston Ltd.
Story
Loblaw, George Weston to Pay $500M to Settle 14-Year Bread Price-Fixing Lawsuit
Jul 25, 2024, 02:45 PM
Loblaw Cos. Ltd. and its parent company, George Weston Ltd., have agreed to pay $500 million to settle a class-action lawsuit regarding their involvement in a 14-year bread price-fixing scheme. This settlement marks a record antitrust resolution in Canada. The lawsuit accused the companies of artificially inflating the price of bread over a 14-year period. CEO Galen Weston issued an apology, stating, 'This should have never happened.'
View original story
Similar markets
Sarah Davis • 25%
Richard Dufresne • 25%
Other • 25%
No replacement by end of 2024 • 25%
No changes • 25%
Minor changes • 25%
Moderate changes • 25%
Significant changes • 25%
Yes • 50%
No • 50%
Improved • 25%
Unchanged • 25%
Slightly worsened • 25%
Significantly worsened • 25%
Yes • 50%
No • 50%
Still CEO • 25%
Stepped down • 25%
Replaced • 25%
Other • 25%
