Lassonde Industries Inc.

Lassonde Industries Inc.

April 08, 2012 22:02 ET

Lassonde and Olivia's Oasis Reach an Amicable Settlement

ROUGEMONT, QUEBEC--(Marketwire - April 8, 2012) - Lassonde announced that it has reached an agreement with Olivia's Oasis. Lassonde will financially compensate Ms. Deborah Kudzman, owner of Olivia's Oasis, for all her legal expenses incurred in this litigation.

"We are happy that our recent attempts to arrive at an agreement have been successful and that we now have an amicable settlement," stated Stefano Bertolli, Vice-president Communications of Lassonde Industries. "We never intentionally wanted to harm another Quebec business. As was recognized by the Court of Appeal, it is essential that we protect out trademarks to avoid the creation of any precedents."

Lassonde has listened to the consumers and has decided to take a positive step in reaction to their remarks.

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