D.M. Peebles

The plaintiffs in a competition law class action regarding price-fixing of lithium-ion batteries brought a motion for consent certification for settlement purposes against two groups of defendants, NEC and Samsung.

The plaintiffs and the settling defendants reached settlement agreements and agreed on a plan for disseminating the notice of hearing for settlement approval.

The court found that the criteria for certification under section 5 of the Class Proceedings Act, 1992 were met in the settlement context and granted the motion to certify the action for settlement purposes.

The plaintiff, a former shareholder of the corporate defendant, brought motions for leave to commence a secondary market liability action under the Securities Act and for certification as a class proceeding.

The defendants filed affidavits opposing the motions.

The plaintiff served requests to inspect hundreds of confidential documents mentioned in the affidavits under Rule 30.04(2) prior to cross-examinations.

The court dismissed the motion, finding that the requests lacked specificity, relevance, and proportionality, and that allowing such a fishing expedition would undermine the statutory gatekeeping purpose of the Securities Act leave provisions.