News & Events

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

The Defendant is appealing Justice Perell’s most recent Order. We will provide a further update as soon as we get the appeal decision.

Settlements have been achieved with the following defendants, totaling approximately $2.1 million: Bank of America Corporation, Bank of America, N.A., Bank of America Canada, Bank of America, National Association, Bank of America Merrill Lynch International Limited, Merrill Lynch International, Merrill Lynch, Pierce, Fenner & Smith Inc., Merrill Lynch Canada Inc., Merrill Lynch International Services Limited,

The Quebec Superior Court approved the settlement with PricewaterhouseCoopers LLP (Order available here), as well as the legal fees (Order available here) and plan of allocation (Order available here).

The settlement of this class proceeding has been approved by the Federal Court. A copy of the Federal Court’s reasons are available here. A copy of the notice of approval and the opening of the claims process is available here. A link to the settlement administrator’s website is available here.

The settlement of this class proceeding has been approved by the Federal Court.  A copy of the Federal Court’s reasons are available here.  A copy of the notice of approval and the opening of the claims process is available here. A link to the settlement administrator’s website is available here.

This action has how been certified as a class proceeding. The Order and Reasons for Certification can be viewed here.

The Federal Court of Appeal certified this proceedings as a class proceeding.  In doing so, the Federal Court of Appeal overturned the decision of Justice Zinn of the Federal Court and directed that this case proceed by way of a combined judicial review application and an action for damages, where the propriety of the Supplemental

It is with great sadness that we report that Jerry Brake, the proposed representative of the class, passed away on October 15, 2019. Jerry was a vibrant person who zealously sought to champion this case on behalf of the class. Jerry was 54 years.  He is survived by his wife and four children. Jerry will