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Red Bull class action lawsuit settlement has Canadians eligible for up to $10 in damages

There is a class action settlement against Red Bull and Canadian residents may be eligible to seek damages if they purchased or consumed a Red Bull product between January 1, 2007 to July 23, 2019.

Those who purchased or consumed a Red Bull energy drink between January 1, 2007 to July 23, 2019 are eligible

There is a class action lawsuit against Red Bull after the company failed to inform Canadian consumers of the health risks associated with consuming caffeinated energy drinks. (Peter Cziborra/Reuters)

Canadians who consumed or bought a Red Bull energy drinkbetween January 1, 2007 toJuly 23, 2019 could be entitled to up to $10 in compensation under the terms of a settlement in a class-action lawsuit against the company.

Red Bull allegedly violated Quebec's Consumer Protection Act by "failing to inform consumers of the inherent dangers concerning the ingestion of its caffeinated energy drinks" according to LPC Avocats, the law firm in charge of the case.

Canadians who submit a valid claim through the Energy Drink Settlement Program can receive up to $10in compensation. Anyone filing a claim hasuntil 5:00 p.m. on Oct. 14 to do so.

The settlement agreement states thatRed Bull has agreed to update its Canadian website to include a link to Health Canada warning Canadians of the potential risk when consuming caffeinated energy drinks with alcohol, after allegedlyclaiming on its website and labellingthat Red Bull "improvesalertness or increases concentration."

LPC Avocats'Joey Zukran said It hasonly been two days since Canadians couldbegin applying for a claimand the reactionfrom consumers hasbeen extremely positive.

Red Bull said in a statement to CBC News that they "settled this Canadian lawsuit a virtual copycat of a U.S. suit that was settled five years ago to avoid the distraction of litigation in Canada. Red Bull's marketing has always been witty, truthful and accurate."

That's a referenceto a U.S. suit that was settled back in 2014 where Red Bull agreed to pay out up to $13 million US in compensation.The complaint in that case was around misleading advertising, specifically that customers were misled to believe that the caffeinated energy drink "gives you wings".

There will be a court hearing to approve the latest settlement onDecember, 17, 2019.