Quiznos Announces Preliminary Approval of Class Action Settlement
* Reuters is not responsible for the content in this press release.
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.



Follow Reuters