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Class Action Updates

February 14, 2018

Settlements have been reached with the TEAC, NEC and Hitachi-LG Defendants.

January 5, 2018

The trial phase of this action has commenced. The parties have agreed to a modified trial structure where the cases-in-chief will be exchanged in writing,…

November 7, 2017

Settlements have been reached with the defendants in the following actions: Automotive Wire Harness Systems: Yazaki Systems Technologies GmbH (formerly S-Y Systems Technologies Europe, GmbH)…

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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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