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Class Action Updates

November 27, 2020

On November 18, 2020, the BC Court certified a settlement class regarding a settlement entered into with Panasonic.  For details of the settlement approval hearings,…

November 25, 2020

A settlement was reached in February 2020. The settlement is subject to court approval. The notice to class members regarding certification and settlement is available…

November 23, 2020

Claims process for settlement funds – make a claim now. If you are a Canadian resident as of May 25, 2016 who, between December 23,…

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38. Will there be any money left over after paying each claimant’s share and the lawyers’ fees?

The lawyers have designed the distribution so that there is no money left over. We will write cheques to claimants for all of the money other than legal fees. We want as much of the money as possible to go to claimants.

There is a chance that some claimants will not deposit their cheques. If there is enough money from uncashed cheques, we will likely send out second cheques. Before we do anything with the money from uncashed cheques, we will send letters to all claimants to let them know what we are proposing to do. We will also have to get the Court to approve what we propose to do.

Posted in: Questions About Sharing in the Settlement Funds (Distribution Protocol Questions), Teck/Cominco Class Action FAQs

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