Quiznos Announces Preliminary Approval of Class Action Settlement

* Reuters is not responsible for the content in this press release.

Mon Nov 23, 2009 5:19pm EST

Settlement Allows Quiznos to Focus on Franchise Owner Profitability, Customer
Satisfaction
DENVER--(Business Wire)--
Quiznos, one of the nation`s premier quick service restaurant chains and pioneer
of the toasted sandwich, today announced that United States District Judge
Rebecca Pallmeyer preliminarily approved the settlement of class action lawsuits
pending since 2006. 

Judge Pallmeyer`s ruling did not include any finding of fault by any party.

Quiznos is pleased with the terms of the settlement. "This settlement is very
good news for Quiznos. Litigation is a time-consuming process that shifts
valuable time and resources away from our most important focus - great-tasting
food, franchise owner profitability and customer satisfaction," said Quiznos
spokesperson Ellen Kramer. 

Through its dedicated leadership, Quiznos continues to create opportunities for
greater franchise owner profitability. Quiznos has initiated several solutions
to help Quiznos secure a strong position in the current economic climate and the
competitive restaurant industry, including Quiznos` Lease Renegotiation Program,
Microloan Initiative, Flex Plan for product innovation and The New Quiznos
customer experience remodel. 

Quiznos also continues to build on a legacy of chef-inspired product innovation
for greater customer satisfaction and further franchise owner profitability. 

About Quiznos

Celebrating its 28th anniversary, Denver-based Quiznos is a national chain
designed for today's busy consumers who are looking for a tasty, freshly
prepared alternative to traditional fast food restaurants. Using only premium
quality ingredients, Quiznos` more than 4,500 restaurants offer creative,
chef-inspired recipes for sandwiches, soups and salads. 

In 2009, QSR Magazine ranked Quiznos #19 overall in its Top 50 Chains in
system-wide sales. In October 2007, Quiznos was recognized for leading the QSR
industry in wait time performance by the Mystery Shopping Providers
Association's (MSPA) 2007 Wait Time Study. In May 2007, Zagat's consumer surveys
listed Quiznos in the top 5 for Top Food, Top Facilities, Top Service and Top
Overall, ahead of its direct competitors. 

For further information, please visit www.quiznos.com.

Media Contact
Coltrin and Associates
Angela Redding, 212-221-1616
angela_redding@coltrin.com
or
Media Contact
Coltrin and Associates
Neal Chamberlain, 212-221-1616
neal_chamberlain@coltrin.com

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.