Page 4 - Class Proceedings News Today

Shareholder applied for certification of securities action of action on behalf of all shareholders

The case involves 6,800 patients from the private endoscopy clinic operated by former Ottawa gastroenterologist Dr. Christiane Farazli.

The case involves 6,800 patients from the private endoscopy clinic operated by former Ottawa gastroenterologist Dr. Christiane Farazli.

The Ontario Court of Appeal overturned a previous ruling dismissing the $200 million class-action lawsuit filed on behalf of recipients of the Basic Income Pilot Program that was cancelled two years early.

After nearly 15-years of protracted litigation, the Ontario Court of Appeal recently dismissed the Canadian Imperial Bank of Commerce’s appeal of Justice Belobaba’s trio of decisions,...

An attempt at a class-action lawsuit against a social media giant has been dismissed by the Supreme Court of British Columbia.

In Setoguchi v Uber, the Alberta Court of Queens Bench reiterated that courts hearing applications for certification of class action proceedings fulfill an important gatekeeping function, and the case may signal a move toward a more rigorous application of the Class Proceedings Act. Background The proposed representative plaintiff applied to certify a national class action against the defendants. She alleged, among other things, negligence and breach of contract stemming from a hack in which ...

Jurisdiction Pursuant to s. 5 of the Class Proceedings Act First, the Court of Appeal reviewed the history of multijurisdictional class action proceedings in Canada, citing the “patchwork of legislation across the country” that led to inconsistent principles regarding duplicative proceedings. In so doing, the Court noted that this history demonstrates that we are still “in the evolution of a culture shift” that requires practical mechanisms to consistently address overlapping and dupli...

2020 has seen several important developments in product liability law. These developments signal that a variety of challenges are on the horizon for plaintiffs in 2021 in three specific areas: product liability class actions alleging adverse health effects; claims relating to the sale of prescription medications; and "mass tort" claims. No "workable methodology": an effective defence to certification In 2013, the Supreme Court of Canada affirmed in Pro-Sys Consultants Ltd. v. Microsoft Corpor...

To print this article, all you need is to be registered or login on Mondaq.com. The past twenty years of securities litigation shed light on what businesses involved in Canadas capital markets can expect in the future. Whether the cases involve issuers of securities or dealers and advisers in securities, experience demonstrates that trends in securities litigation are driven by the state of the economy, investment product innovation and related regulatory initiatives. Th...