19:05:35 EDT Sun 12 May 2024
Enter Symbol
or Name
USA
CA



Dollarama Inc
Symbol DOL
Shares Issued 278,760,573
Close 2024-02-22 C$ 104.96
Market Cap C$ 29,258,709,742
Recent Sedar Documents

Globe/CP say Dollarama settles class-action suit

2024-02-22 07:47 ET - In the News

The Globe and Mail reports in its Thursday, Feb. 22, edition that Dollarama customers who have purchased products labelled with an "eco fee" in recent years may be eligible for a gift card from the retailer. A Canadian Press dispatch to The Globe reports that this is part of a proposed $2.5-million settlement resulting from a class-action lawsuit. Under the class action, a plaintiff represented by Quebec law firm LPC Avocats alleged Dollarama did not properly display the price of products subject to eco fees and charged a total price or eco fee higher than displayed for these products or allowed by law. Environmental handling fees, sometimes called eco fees, are levied on items such as electronics, light bulbs, batteries and toys to help with the cost of recycling. To settle the matter, LPC Avocats says Dollarama has offered customers who purchased products with eco fees between May 29, 2021, and July 4, 2023, gift cards valued at up to $15. Customers who bought such products in Quebec between Dec. 11, 2019, and July 4, 2023, are also eligible. LPC Avocats says a court will hold a hearing on April 9 to decide whether to approve the settlement before any gift cards are provided to eligible consumers.

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