The plaintiffs in two proposed class actions sought court approval under s. 29 of the Class Proceedings Act, 1992, to dismiss their actions against PricewaterhouseCoopers LLP (PwC) with prejudice and without costs, and to discontinue the actions against the non-settling defendants without prejudice and without costs.
This motion was brought to implement a $30 million settlement reached with PwC in a parallel, national class action proceeding in Québec, which had already been approved by the Québec Superior Court.
The court granted the requested orders, finding that the interests of the putative class members in Ontario would not be prejudiced, as they could participate in the Québec settlement and broad notice had been provided regarding the impact on their rights.
