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Class Action Updates

January 24, 2020

Settlements have been reached with the following defendants: – DENSO Corporation, DENSO International America, Inc., DENSO Manufacturing Canada, Inc., DENSO Sales Canada, Inc., DENSO Korea…

January 10, 2020

Here are the notices of certification for this class action: Long Form Notice Short Form Notice

October 8, 2019

A settlement has been reached with Maxwell for USD $300,000.

REFERRALS
INFORMATION FOR LAWYERS LOOKING FOR LEGAL EXPERTISE IN BC AND CANADA

1. What is this lawsuit about?

This lawsuit is about a pension conversion that Cominco (now Teck Metals) did for certain employees in 1992/1993. Some employees converted their pension plan from a defined benefit plan to a defined contribution plan. The lawsuit claims that Teck Metals/Cominco and Towers (the actuaries hired to help Cominco/Teck Metals) used false statements to encourage people to convert their pension, and that as a result people lost money.

Posted in: General Questions About the Lawsuit, Teck/Cominco Class Action FAQs

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