Info class action

Case settled

Polyol de polyester

Option Consommateurs filed a Motion for authorization to institute a class action on behalf of any person who has purchased, in Quebec, polyester polyols and/or one or more products manufactured with it and who has paid an inflated price as a result of an agreement aimed at fixing the price. The motion alleges, among other things, that certain manufacturers of this product conspired to unduly limit the competition and unreasonably raise its price.

This class action is led by Belleau Lapointe, LLP

Are you part of the proposed class?

You are part of the proposed class in the context of the present case if you correspond to the following:

[Translation] "Any person who purchased, in Quebec, polyester polyols and/or any product which contains it, and who has paid an inflated price as a result of an agreement aimed at fixing its price.

However, any corporation, partnership or association is only part of the group if, at all times since October 7th, 2003, it had under its direction or control no more than fifty (50) people bound to it by contract of employment, and provided that it is not related to the petitioner."

If you are part of this class, we invite you to register yourself as one of its members. This way, we will communicate with you whenever there are important developments in this file.

Chronology

May 2007

The Superior Court of Quebec approves the settlement.

March 2007

The Superior Court approves a notice regarding the conclusion of two agreements in principle.  If approved, those agreements will end this litigation.

Year 2005

The file is suspended by administrative decision pending a decision by the Court of Appeal of Quebec in another case.

October 2004

Filing of the Motion for authorization to institute a class action.