News & Events

The claim has now been certified as a class action.   A copy of the certification order is available here.

The previously scheduled summary judgment returnable in December 2019 to determine the merits of this class proceeding was postponed. Please continue to check back here for more information on a new return date for the motion.

We are pleased to advise that the Financial Services Regulatory Authority (“FSRA”) has issued an order approving the merger of the Metropolitan Toronto Pension Plan (the “Metro Plan”) with the Ontario Municipal Employees’ Retirement System (“OMERS”).  This significant step is a precondition to any distribution of surplus from the Metro Plan. We are advised that

The appeal has been scheduled for February 5, 2020 at the Court of Appeal at 130 Queen St W, Toronto, ON M5H 2N5 at 10:00 am. Class members’ attendance is encouraged.

Trial is scheduled for March 2021.

The common issues trial has now been scheduled to take place starting November 15, 2021 and will last twenty (20) days.

Class Counsel’s request for fees is set out in the notice of motion found here. More information on the work Class Counsel completed for the Class can be found here.

Class Counsel has been advised of recent terminations of employment by Paramount. We understand that some of those impacted have been asked to sign a release to give up certain rights against Paramount as part of the severance package offered.  That release of rights may impact class members’ right to claim for the deferred compensation

Further to the PWC settlement, the Consolidated Ontario action (Court File No. CV-15-541082-00CP) and the Sukenaga Ontario action (Court File No. CV-15-540567-00CP) have now been dismissed as against PwC with prejudice, the Statements of Claim have been amended and the actions have been discontinued as against the non-settling defendants without prejudice.   The Consolidated Ontario and

The Federal Court of Canada has now approved notice to the class members of the terms of the proposed settlement between the parties and set a date for a hearing to determine whether to approve the proposed settlement. The hearing to determine whether to approve the Settlement, class counsel’s request for fees and the applicant’s