CANTON, Mass. – Dunkin’ Brands Group Inc., the owner of Dunkin’ Donuts and Baskin-Robbins brands, said Monday that a Canadian court has ruled that it must pay a group of franchisees about $16.4 million, plus costs and interest.
As a result, the Canton, Mass.,-based company said it will increase its legal reserve for its current quarter. The company had previously reserved $4 million for losses related to the lawsuit.
Get weekly money news
Dunkin’ said the lawsuit was filed in 2003 by a group of Quebec Dunkin’ Donuts franchisees based on events that took place 10 to 15 years ago.
- Meta data centre in Alberta to start up ahead of adjacent Greenlight power plant
- Meta to build $13 billion data centre in Alberta, largest outside the U.S.
- Mom-and-pop landlords outpacing big real estate investors: StatCan data
- Alberta proposes new pipeline, but hurdles to construction, profitability remain
The court issued its judgment Friday.
The company said it “strongly disagrees” with the court’s decision and plans to appeal.
Comments
Want to discuss? Please read our Commenting Policy first.