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Restaurant Brands International Inc
Symbol QSR
Shares Issued 327,801,863
Close 2025-09-29 C$ 91.36
Market Cap C$ 29,947,978,204
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Globe says RBI revokes licences at 13 Popeyes locations

2025-09-30 08:37 ET - In the News

The Globe and Mail reports in its Tuesday edition that Restaurant Brands International has terminated franchisee agreements with the owner of 13 Popeyes Louisiana Kitchen locations, after employees raised allegations of unpaid wages. The Globe's Susan Krashinsky writes that Irfan Memon is no longer a Popeyes franchisee, spokesperson Emily Ciantra wrote in a statement to The Globe on Monday. Restaurant Brands is working with other franchisees to take over those locations, all of which are in and around the Greater Toronto Area. The restaurants have been temporarily closed since Friday night. One of Mr. Memon's locations may also be connected to another alleged claim of misconduct at Popeyes. A former food supplier to the chain filed a lawsuit earlier this year alleging that some franchisees bought "unsafe" chicken from an unauthorized seller, who did not submit to food-safety inspections and delivered the meat in unrefrigerated vehicles. Restaurant Brands said it found no evidence to support those allegations, and they have not been tested in court. Among the franchisee defendants listed in that lawsuit is a Toronto company called Y & F Food Corp. Ltd. Mr. Memon is listed as one of the directors of that company.

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