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Manulife Financial Corporation

Please be advised that the claims process is now complete and all payments have been distributed. This action, which was commenced in July 2009, alleges that Manulife Financial Corporation (“Manulife”) and certain of its current and former officers and directors negligently made misrepresentations relating to Manulifeโ€™s risk management practices and policies during the period between...

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Mutual Fund Fees

Trailing commissions (also known as trailer fees) paid on mutual funds are intended to compensate mutual fund dealers for investment advice they provide to investors. Trailing commissions are also paid to discount brokers. Discount brokers primarily operate online and include BMO InvestorLine, TD Direct Investing, RBC Direct Investing, CIBC Investorโ€™s Edge, Scotia iTRADE and National...

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Published on: 16 Apr 2019 By

$9.5 Billion Dollar Claim to Enforce Judgment Dismissed

On Thursday, April 4, 2019 the Supreme Court of Canada dismissed the attempts of Ecuadorโ€™s Lago Agrio Region requiring Chevron to pay for water and soil contamination relating to Texacoโ€™s activities in the area. The contamination was caused by Texacoโ€™s activities between the years 1964 and 1992. Chevron acquired Texaco in 2001. In 2011 the...

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Published on: 3 Jan 2017 By

Court of Appeal Hears Jurisdiction Motion in Airia Brands

In December 2016, the Ontario Court of Appeal heard an appeal in Airia Brands v Air Canada. The result of this appeal will have significant impact on the viability of global class actions commenced in Ontario and on the application of the real and substantial connection test in the context of a proposed global class...

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