Monday, August 16, 2010

Judge upholds settlement in Quiznos class action

Four class-action lawsuits brought by disgruntled Quiznos Sub franchisees against the chain’s owners concluded Friday when a federal judge entered a ruling upholding the terms of a settlement valued at $206 million, according to court documents.
In upholding the terms of an initial settlement submitted last November by attorneys representing more than 8,000 current or former franchisees and Quiznos Franchise Co. LLC and related parties, Judge Rebecca R. Pallmeyer of the U.S. District Court in Chicago overruled the lone formal franchisee objection to the agreement

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