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Class Action Updates

June 5, 2019

Settlement A settlement has been reached with the defendant, Nishikawa Rubber Co. (“Nishikawa”), in the amount of $5,750,000. The Nishikawa settlement releases the claims against…

May 13, 2019

Settlements have been reached with LG Chem and Toshiba totaling over $5 million.

May 7, 2019

Settlements have been reached with the defendants in the following actions: Starters Mitsuba Corporation and American Mitsuba Corporation (“Mitsuba”), in the amount of $1,228,599.32. Windshield…

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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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