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The court appointed a bilingual arbitrator to adjudicate class member appeals during the settlement administration phase.
This class action is in the settlement administration phase.
Class Counsel sought an order appointing Doug Mitchell as a bilingual arbitrator to assess appeals filed by class members regarding claims administrator decisions, as contemplated by the court-approved Administration Protocol.
The court granted the motion, finding Mr. Mitchell qualified and his appointment consistent with the fair and expeditious determination of class member appeals under section 12 of the Class Proceedings Act, 1992.
Class action certified for settlement purposes against four bank groups in foreign exchange price-fixing conspiracy.
The plaintiffs brought a motion to certify the action as a class proceeding for settlement purposes against TD, RBC, Credit Suisse, and Deutsche Bank in a case alleging a conspiracy to fix prices in the futures exchange market.
The court found that the criteria for certification under section 5(1) of the Class Proceedings Act, 1992 were met and granted the motion, approving the settlement agreements and the plan of dissemination.