The appellants, who provided portfolio management services, appealed a decision dismissing their motion for summary judgment.
They argued the respondents' claims for investment losses were statute-barred under the Limitations Act, 2002 and precluded by a release.
The Divisional Court dismissed the appeal, finding no palpable and overriding error in the motion judge's conclusions that the limitation period did not begin until the respondents learned of regulatory settlements, and that the release did not contemplate these specific claims.