Apache Canada Ltd. Class Action -September 5, 2023
September 5, 2023
A proposed settlement has been reached with the Defendants. The proposed settlement provides a fund of USD $7m (less approved legal fees, costs and expenses) for compensating class members.
The proposed settlement must be approved by the Court in order to be enforceable. There will be a court hearing on October 24, 2023 in Calgary for the Court to assess whether the settlement and fee request should be approved.
The deadline to opt out of the class action is October 6, 2023. The deadline to object to the proposed settlement is October 19, 2023.
More information about the proposed settlement, the certification of this action and class members rights in this proceeding can be found in this notice or at the Administrator’s website: www.mnp.ca/apachesettlement.