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$38M Settlement Reached in Canadian Polyurethane Foam Price Fixing Class Action

This is a settlement for the Antitrust lawsuit.

Toronto, ON: A CDN$38M settlement has been reached ending a price fixing class action lawsuit that alleged manufacturers of flexible polyurethane foam formed a cartel to fix their prices, between 1999 and 2012, resulting in inflated costs for Canadian consumers and entities. The class action lawsuits were settled out of court and represents one of the largest price fixing settlements in Canada.

Canadian citizens who purchased sofas, mattresses or carpet underlay, made in Canada containing flexible polyurethane foam between 1999 and 2012, may have paid too much for these items.

The settlement includes anyone who lives in Canada now or you lived in Canada between January 1, 1999 and January 10, 2012; and who purchased, in Canada, flexible polyurethane foam, eligible foam products or carpet underlay made in Canada for personal, commercial, or manufacturing use during the same time period.

An end consumer who bought a sofa or mattress for their own use may claim compensation of $20, or more, depending on the number and type of eligible Canadian foam products purchased. Claimants who bought flexible polyurethane foam for manufacturing or resale may be entitled to claim significantly more money. The compensation amount received will also depend on the volume of claimants.

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Published on Oct-10-17


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