National Post: Shell Canada settles Quebec class-action suit: “Radio-Canada reported Shell Canada could pay as much as $100-million”
Bloomberg News
Thursday, July 22, 2004
Shell Canada settled a class-action lawsuit in Quebec over a gasoline additive that caused fuel systems and gas gauges to malfunction.
The company said it can't estimate the cost yet, but some reports put the figure at $100-million.
Residents of Quebec have until Nov. 5 to file a claim against Shell Canada and may qualify for one of three levels of compensation, company spokeswoman Sonia Larin said.
Most motorists will receive between $20 and $550, Shell Canada says. Some will get more if they incurred expenses such as towing, accommodation and repairs, Ms. Larin said. The cost to Shell will depend on how compensation is paid out, Ms. Larin said.
Radio-Canada reported Shell Canada could pay as much as $100-million if 500,000 claimants receive an average $200. The settlement covers gasoline sold in the province between March 1, 2001, and Oct. 31, 2002.
© National Post 2004