Sotos Class Actions
The costs of litigating in Ontario – Making the “offer to settle” rules work for you
As Ontario is a “loser pays” jurisdiction, the fact that an “unsuccessful” litigant can be responsible for a portion of the costs of the “successful” party is a further consideration. Ontario’s laws, however, provide a mechanism which if properly utilized can shift some of the burden of the costs of litigation onto the other party.
Read more »Coin Counting Machine Class Action Brought on Behalf of Customers of TD Bank
TORONTO ( June 23, 2016) – A class action lawsuit seeking $25 million in damages on behalf of Canadian customers of TD Bank who used its coin counting machines was commenced on June 22, 2016 in the Ontario Superior Court of Justice. The class action alleges that TD Bank launched its coin counting machine network […]
Read more »Silver Price Manipulation Class Action Brought on Behalf of Quebec Investors
/TORONTO, May 2, 2016 /CNW/ – A class action lawsuit seeking $200 million in damages on behalf of Quebec investors was launched on April 20, 2016 in the Superior Court of Quebec in Montreal.
Read more »Silver Price Manipulation Class Action Brought on Behalf of Canadian Investors
/TORONTO, April 15, 2016 /CNW/ – A class action lawsuit seeking $1 billion in damages on behalf of Canadian investors was launched today in the Ontario Superior Court of Justice.
Read more »US Supreme Court allows use of sampling on certification: What does this mean to Canada?
Last week, the US Supreme Court ruled that workers could use statistical sampling, averages and other statistical analyses to support class action certification. Given that some of these methods are not currently permitted on certification in Ontario and Canada, those practicing in class actions should consider the possible relevance of the US Supreme Court’s decision to their practices.
Read more »FP: Canadian lawsuit names Bank of Nova Scotia in gold price manipulation
The Financial Post has published an article on the gold manipulation class action lawsuit. Bank of Nova Scotia, along with a handful of international banks embroiled in a lawsuit in the United States over alleged manipulation of a key benchmark based on the gold price, is facing a fresh lawsuit filed in Canada. Read more […]
Read more »Litigation Costs in Ontario: Where the loser pays and the winner… also pays?
In Ontario and most other Canadian jurisdictions, the losing party in a legal action faces the possibility of being ordered to pay for some or all of the winning party’s legal costs and disbursements. Who gets paid and how much? This is up to the Court to decide.
Read more »Action collective relatif à la manipulation du prix de l’or intenté au nom des investisseurs canadiens
/Une poursuite en action collective réclamant 1 milliard de dollars en dommages-intérêts pour le compte des investisseurs canadiens a été déposéela semaine dernière à la Cour supérieure de justice de l’Ontario. Les procédures allèguent que les défendeurs,y compris la Banque de Nouvelle-Écosse, ont comploté pour manipuler les prix dans le marché de l’or, sous le […]
Read more »Gold Price Manipulation Class Action Brought On Behalf Of Canadian Investors
/A class action lawsuit seeking $1 billion in damages on behalf of Canadian investors was launched last week in the Ontario Superior Court of Justice. The class action alleges that the defendants, including The Bank of Nova Scotia, conspired to manipulate prices in the gold market under the guise of the benchmark fixing process, known as the London PM Fixing, for a ten-year period.
Read more »Letters rogatory: tips for compelling Canadian evidence in foreign court proceedings
U.S. civil subpoenas and civil subpoenas from other foreign courts have no legal effect in Canada. Canada is not a signatory to the Hague Convention on the Taking of Evidence Abroad in Civil of Commercial Matters. The only way to compel Canadian evidence in a civil foreign proceeding is to apply for “letters rogatory” or […]
Read more »