July 27, 2016
BNP Paribas Group, BNP Paribas North America, Inc., BNP Paribas (Canada), and BNP Paribas (collectively “BNP”) entered into a formal settlement agreement whereby BNP agreed to pay CAD$4,500,000. The settlement is a compromise of disputed claims and BNP does not admit any wrongdoing or liability. The settlement agreement must be approved by the courts for its terms to become effective. Please click here to view a copy of the settlement agreement.