July 7, 2017
The Ontario court has certified this action for settlement purposes against the following defendants: The Bank of Tokyo Mitsubishi UFJ, Ltd., Bank of Tokyo-Mitsubishi UFJ (Canada) (collectively, “BTMU”); and Société Générale S.A., Société Générale (Canada) and Société Générale (collectively, “SocGen”).
The Ontario court has approved a notice of certification for settlement purposes which, among other things, explains what steps someone can take if they object to the settlements reached with BTMU and/or SocGen. The motion to approve the BTMU and SocGen settlements, and class counsel’s request for reimbursement of its disbursements, in Ontario is scheduled for September 18, 2017 and in Quebec on September 22, 2017. Please click here to review the notices.