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Class Action Updates

January 17, 2019

A national settlement has been reached with Morgan Stanley for USD$2.3 million, subject to court approval in Ontario and Quebec.  At the approval hearings, the…

December 7, 2018

On November 8, 2018, the BC Court approved a motion to certify the within action as against MinebeaMitsumi Inc. (formerly Minebea Co. Ltd.), NMB Korea,…

November 26, 2018

A national settlement, totaling $3.25 million has been reached with FMC Corporation and FMC of Canada, Ltd. (collectively “FMC”). The FMC settlement approval motion will…

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Samji Ponzi Scheme – September 24, 2012 – Counsel preparing for a 5-day Certification Hearing in Spring 2013

Class counsel appeared before Madam Justice Gerow on September 24, 2012 to set down the certification schedule as the materials for the Certification motion are nearly complete. At that hearing Justice Gerow canvassed defence counsel’s realistic timelines and obstacles regarding document production – particularly, lengthy timelines for recovering data and the sheer volume of defence disclosure – were cited as a primary consideration for delaying the Certification hearing until Spring 2013 at the earliest. Justice Gerow ordered counsel to provide their availability for a 5-day certification hearing to take place in either March, April or May, 2013.

On a further note, though the number of individual actions has resulted in increased delays regarding document production and complicates scheduling, Justice Gerow remains committed to the efficient case management of these actions and keeping everything moving forward.

Related Litigation - Samji Ponzi Scheme

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