What types of silver purchases are covered by this action?

What types of silver purchases are covered by this action?

What types of silver purchases are covered by this action?

The plaintiffs seek to represent: all persons or entities in Canada who, between January 1, 1999 and August 14, 2014, transacted in a Silver Market Instrument either directly or indirectly through an intermediary, and/or purchased or otherwise participated in an investment or equity fund, mutual fund, hedge fund, pension fund or any other investment vehicle that transacted in a Silver Market Instrument.

A “Silver Market Instrument” is defined in the Notice of Action as: silver bullion or silver bullion coins, silver futures contracts traded on an exchange operated in Canada, shares in silver ETFs, silver call options traded on an exchange operated in Canada, silver put options traded on an exchange operated in Canada, over-the-counter silver spot or forward transactions or silver call options, over-the-counter silver put options, leases for silver.

The full extent of the investments that are covered by this action will be determined by the court at the time of certification.