SSA Bonds Class Action – April 27, 2020
April 27, 2020
A motion to approve the Bank of America and HSBC Settlements was heard by the Federal Court of Canada. The settlements were approved.
The settlement funds (plus interest, less court-approved fees and expenses) are being held in trust for the benefit of settlement class members. The courts will be asked to approve a method of distributing the settlement funds to settlement class members at a later date.