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Actos (pioglitazone hydrochloride) is an oral anti-diabetic drug manufactured by Takeda and prescribed to decrease blood sugar levels in patients with type 2 diabetes. A Canada-wide settlement has been reached in five proposed class actions relating to the prescription drugs ACTOS®, APO-Pioglitazone and SANDOZ-Pioglitazone. Hearings were held in the supervising Courts in Québec and Ontario...

Settlement Notice: The deadline for applying to receive settlement benefits has passed and all settlement funds have been distributed. There are 2 separate Class Actions underway involving the diet drugs Fenfluramine Dexfenfluramine. Fenfluramine was sold under the trade names of Ponderal and Pondimin. Dexfenfluramine was sold under the trade name of Redux. We are class...

What is this class action about? The representative plaintiff, on behalf of himself and the Class, claimed damages from the defendants (IKO Industries Ltd., Canroof Corporation Inc., and I.G. Machine & Fibers Ltd.) for the alleged negligent design and manufacture of IKO Organic Shingles. A settlement has been reached in the litigation. The settlement was...

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 Manulife’s risk management practices and policies during the period between...

In April 2011, a class action was commenced in the Ontario Superior Court of Justice in relation to the take-over bid for the securities of Baffinland Iron Mines Corporation completed in February of 2011.  Siskinds LLP represents the Class. The class action alleged that the documents provided to Baffinland’s securityholders in respect of the take-over...

Two actions (Jordan v CIBC Mortgage Inc. and Sherry v CIBC Mortgage Inc., together the “Class Actions”) were brought against the defendant CIBC Mortgages Inc. (“CIBC”) in connection with the calculation of certain prepayment charges on mortgages across Canada, excluding Quebec. The Class Actions apply to CIBC mortgages as well as mortgages through related entities...

**The deadline for filing a claim has passed and all settlement funds have been distributed. ** The Lithium Ion Batteries (LIB) class action alleges that the Defendants unlawfully conspired to fix, increase, and/or maintain the price of Lithium Ion Batteries sold in North America and elsewhere between January 1, 2000 and January 1, 2012.

The Optical Disc Drives class action alleges that the defendants unlawfully conspired to fix, increase, and/or maintain the price of Optical Disc Drives sold in North America. Optical Disc Drives are used to read or write to discs, including CDs, DVDs, or Blu-Ray discs. Optical Disc Drives are used in consumer products such as desktop...

Siskinds LLP (“Siskinds”) is co-counsel in proposed securities class actions against Valeant Pharmaceuticals International, Inc. (“Valeant”), certain of its directors and officers, and its auditor PricewaterhouseCoopers LLP (“PwC”). These class actions arise from the circumstances surrounding Valeant’s previously undisclosed relationships with Philidor Rx Services, LLC and other specialty pharmacies in the conduct of its business...