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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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9. Why did the representative plaintiffs agree to this settlement?

The representative plaintiffs met with Class Counsel to hear why we recommended the settlement. Then they also met with a retired judge, who was completely independent, and discussed the settlement with him without Class Counsel present.

In the end, the representative plaintiffs agreed with Class Counsel that this settlement was a good idea because there were many risks at trial (see FAQs #10-14), and there is a benefit to getting the money sooner(see FAQ#13).

Posted in: Questions about the Settlement Agreement, Teck/Cominco Class Action FAQs

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