Panera Bread $4,000,000 Settlement for False Advertising

If you ordered food delivery from Panera Bread using their app or website between October 1, 2020, and August 31, 2021, you may be eligible for compensation as part of a class action settlement. The settlement is the result of claims that Panera misrepresented delivery fees and menu prices during this time. Here's what you need to know about who qualifies for compensation and how much you may be entitled to.

Who Benefits?: Individuals who placed a delivery order on the Panera App and/or Panera Website within the specified period. How much can I get?: Eligible class members may receive up to two vouchers for a free item from Panera’s “Soups & Mac” menu or a cash payment up to $12.

Important Dates

• Fairness Hearing: Scheduled for May 31, 2024, at 9:00 a.m.
• Deadline to File a Claim: June 10, 2024.

Eligibility Criteria for Settlement Class Members

If you placed an order for delivery through the Panera App or website during the class period, you may be considered a Settlement Class Member. If you have received an electronic notice, it means that Panera has identified you as a potential member of the Settlement Class based on their records.

• Individuals charged delivery fees on the Panera App and/or Website during the Class Period.

There are no specific exclusions mentioned for class members; if you fit the criteria above, you are likely to be included.

Understanding Your Settlement Award Options

Class Members have two award options: Settlement Class Members who submit a valid Claim Form may elect either: (1) electronic voucher(s) sent to a Settlement Class Member; or (2) an electronic payment via PayPal, Venmo, or other electronic means to a Settlement Class Member (the “Cash Settlement Award”).

• Soups & Mac Vouchers Settlement Award: Up to two vouchers for a free menu item, valued at $19 per claimant.
• Cash Settlement Award: A cash payment up to $12, distributed on a pro rata basis if funds are insufficient.

Services Impacted by the Settlement

The settlement pertains to the delivery services provided by Panera Bread Company, specifically regarding the representation of delivery fees and menu prices.

• Delivery orders placed on Panera App and/or Website
• Representation of delivery fees and menu prices

Is Proof Required to Claim the Reward?

You must submit a valid Claim Form by June 10, 2024. However, it is advised to keep any relevant documentation or proof of your delivery orders during the Class Period.

How to Claim Your Award

To claim your settlement award, submit a valid Claim Form by June 10, 2024. You can submit your claim online via the official claim submission page. If you prefer to mail your claim, ensure it is postmarked by the claim deadline. If you do nothing, you will not receive a settlement award and will forfeit your right to claim.

Dissecting the Settlement Amount

The total settlement provides up to $2,000,000 in vouchers and a separate $2,000,000 Cash Settlement Fund for eligible class members. After attorneys’ fees, costs, and other deductions, the remaining balance, known as the Net Cash Settlement Fund, will be available for cash awards to class members.

The Rationale Behind the Settlement

The settlement aims to resolve allegations against Panera Bread Company regarding potentially misleading delivery fees and menu prices. By agreeing to the settlement, Panera avoids further litigation costs without admitting any wrongdoing. The final approval of the settlement will depend on the Court's decision at the Fairness Hearing. If approved, eligible class members who have submitted valid claims will receive their awards. If not approved, there will be no settlement, and the case may proceed to trial.