Chicago, IL: A $206 million settlement has been finalized in the class action lawsuit brought by Quiznos' franchisees against Quiznos by federal judge Rebecca R. Pallmeyer. The settlement is among the largest for a restaurant franchisee class action.
According to a report on the franchise news site, BlueMauMau, "The settlement offers a variety of monetary payments to individual plaintiffs as well as discounts on food and other supplies, depending on their status with the company. It will also provide debt forgiveness regarding royalty payments, advertising fees, and other monies owed. As part of the offer, Quiznos will make changes to its method of operations. It is also required to create an independent franchisee association to represent the self-interests of store owner-operators and to push back on Quiznos' aggressive maneuverings with franchisees."
