lawsuits

Decorative pattern

CIBC agrees to settle overtime class-action lawsuit, will pay $153M

A former teller initiated the case in 2007

By The Canadian Press |January 5, 2023

1 min read

CIBC to appeal New York court liability ruling in Cerberus lawsuit

CIBC to appeal New York court liability ruling in Cerberus lawsuit

Bank expects to record $850-million after-tax provision in Q1

By The Canadian Press |January 4, 2023

1 min read

Decorative pattern

Court certifies advisor vacation pay class action against RBC

Lawsuit claims advisors' payouts didn't include mandated vacation pay

By James Langton |January 3, 2023

3 min read

Decorative pattern

Bridging hearing slated for second half of 2023

Motion to stay case alleging abuse of process to be heard in May

By James Langton |December 7, 2022

2 min read

Decorative pattern

Court asks for evidence of closet indexing

Plaintiffs in proposed class action must show that active funds tracked index

By James Langton |October 27, 2022

2 min read

Decorative pattern

Estate Planning

No duty to disclose beneficiary change, court finds

A widow sued her brokerage firm, alleging it failed to tell her about a change in her husband's accounts

By James Langton |October 19, 2022

2 min read

Not an advisor, but still a fiduciary, court finds

Not an advisor, but still a fiduciary, court finds

B.C. court finds unregistered, unqualified advisor must be held to industry standards

By James Langton |October 7, 2022

2 min read

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