Skip to main content

Bimbo Bakeries USA announces class action settlement of labeling claims

HORSHAM, Pa., May 29, 2020 (GLOBE NEWSWIRE) — Bimbo Bakeries USA has agreed to settle a class action lawsuit commenced in 2013 in the U.S. District Court for the Northern District of California, Ang v. Bimbo Bakeries USA, Inc. (Case No. 13-CV-01196-HSG-NC). The court denied certification of the plaintiffs’ damages claims and Bimbo Bakeries USA has denied and continues to deny the allegations in the lawsuit, which claim that statements on the labels and in the ingredient lists of certain Bimbo Bakeries USA products were unlawful, misleading or deceptive to consumers.
Through the proposed settlement, Bimbo Bakeries USA has agreed to certify that it has changed, removed or discontinued the labels or ingredient statements of the products challenged in the lawsuit. Bimbo Bakeries USA has also agreed, for a period of two years, to notify class counsel of any changes to the label statements on or ingredients of the products at issue, if the changes relate to the challenged claims listed in the settlement agreement. As part of the settlement, class counsel can apply to the court for up to $305,000 in attorneys’ fees and costs, and $10,000 incentive awards to each of the named plaintiffs.Bimbo Bakeries USA is providing these benefits to class members in exchange for a release of class members’ rights to sue Bimbo Bakeries USA for an injunction, declaratory judgment or other related claims to stop or change the labeling and ingredient statements challenged in the lawsuit because those changes have already been made by Bimbo Bakeries USA. If the settlement is approved by the court, class members will release their ability to seek or obtain injunctive relief relating to the claims asserted in the lawsuit. Class members will not release any claims for monetary relief.On April 28, 2020, the court granted preliminary approval of the settlement agreement. A final fairness hearing is set for August 27, 2020. Case documents and additional details regarding the settlement may be accessed on the “About Us” or “Media Center” pages of Bimbo Bakeries USA’s website (https://www.bimbobakeriesusa.com/about-us). Class members can object to the settlement on or before July 24, 2020 by timely filing a written objection pursuant to the instructions on Bimbo Bakeries USA’s website.Contact:
Nicole Lasorda
Buchanan Public Relations
610.228.0454
Nicole.Lasorda@BuchananPR.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.