Farmed Atlantic Salmon Price-Fixing Class Action – October 18, 2023
October 18, 2023
A settlement has been reached with the following defendants totalling CDN$5.25 million:
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- Cermaq Canada Ltd., Cermaq Group AS, Cermaq Norway AS, and Cermaq US LLC;
- Grieg Seafood ASA, Grieg Seafood BC Ltd., Grieg Seafood Sales North America Incorporated (formerly known as Ocean Quality North America Inc.), Grieg Seafood Sales Premium Brands, Inc. (formerly known as Ocean Quality Premium Brands Inc.), and Grieg Seafood Sales USA Inc. (formerly known as Ocean Quality USA Inc.);
- Lerøy Seafood AS, and Lerøy Seafood USA Inc.;
- Marine Harvest Atlantic Canada Inc., Mowi ASA, Mowi Canada West Inc., Mowi Ducktrap, LLC, and Mowi USA, LLC;
- Nova Sea AS;
- SalMar ASA; and
- Sjór AS (formerly known as Ocean Quality AS).
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The settlement is subject to approval by the Federal Court. The application for approval of the settlement will be heard by the Federal Court on November 30, 2023 at 9:30 a.m. via video conference.
Settlement Class Members have an opportunity to opt out of (exclude themselves from) the class action. Please review the Notice of Certification and Settlement Approval Hearing for more information. [English] [French]
At the approval hearing, the Federal Court will be asked to approve a method of distributing the settlement funds to settlement class members. Please review the Proposed Distribution Protocol for more information. [English] [French]