Loblaw Companies (TSE:L) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
George Weston Limited and Loblaw Companies Limited have agreed to a $500 million settlement for their involvement in an industry-wide bread price-fixing scandal. The settlement includes a cash payment and credits acknowledged from a previous compensation program. The companies have apologized, cooperated with authorities since the discovery, and implemented enhanced compliance measures.
For further insights into TSE:L stock, check out TipRanks’ Stock Analysis page.