Workflow
Festi hf.: Announcement from Festi regarding lawsuit
Globenewswireยท2025-09-05 17:15

Core Viewpoint - Festi is facing a lawsuit from Bergorka ehf. regarding alleged violations related to wholesale fuel offers dating back to December 2018 [1][2] Group 1: Allegations and Legal Proceedings - Bergorka claims that Festi refused to provide wholesale fuel offers, failed to respond to requests, and made non-compliant offers as per the settlement agreement with the Icelandic Competition Authority dated July 30, 2018 [1] - The lawsuit does not specify a compensation amount and is set to be heard in the District Court of Reykjanes on September 10, 2025 [2] Group 2: Company Response - Festi assesses the lawsuit as unfounded and has engaged legal counsel to defend against the claims [2]