Forex action suit status
Bank of Montreal, which reported earnings Tuesday, did not return e-mails or calls with questions about the OSC and the class-action suit. Bach said. One of the things we allege is that spread was too wide. So the price for buying currencies is alleged to have been too broad and people who were directly engaging in [foreign currency] transactions, we say, paid too much. The individual plaintiff in the class-action suit is Christopher Staines, an investor residing in Komoka, Ont. The OSC would not confirm Tuesday whether any additional Canadian banks are being investigated for similar foreign-exchange trading allegations.
Class Counsel will be requesting legal fees of up to Please click here to review the Reasons for Decision. Please click here to review the notices. The settlement is a compromise of disputed claims and SocGen does not admit any wrongdoing or liability. The settlement agreement must be approved by the courts for its terms to become effective.
Please click here to view a copy of the settlement agreement. The settlement is a compromise of disputed claims and BTMU does not admit any wrongdoing or liability. The settlement is a compromise of disputed claims and Standard Chartered plc does not admit any wrongdoing or liability. The settlement is a compromise of disputed claims and RBS does not admit any wrongdoing or liability.
The settlement is a compromise of disputed claims and HSBC does not admit any wrongdoing or liability. Morgan Bank Canada, J. The settlement is a compromise of disputed claims and Barclays does not admit any wrongdoing or liability. December 14, The Ontario court has certified this action for settlement purposes against the following defendants: The Goldman Sachs Group, Inc. Please click here to review the notice.
November 29, Citigroup Inc.
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Forex action suit status how to buy ethereum stock in canada
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Send to Print this page Lawyers for foreign exchange trading venue Currenex, its parent State Street and two large market-makers have mounted a staunch defence against antitrust claims brought against them, citing lack of credibility and rumours in the latest phase of the high-profile court case.
The defence has also pushed back against efforts by London-based XTX Markets to get a New York court to deny a motion to dismiss the proposed class-action lawsuit. They argued in recent court filings that plaintiffs XTX Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. To access these options, along with all other subscription benefits, please contact customer services - www. Please contact customer services - www.
You are currently unable to copy this content. Please contact [email protected] to find out more. By reasons dated April 14, , Justice Perell certified the action as a class proceeding. To view a copy of the certification decision, please click here. FAQs What is a class action? Class actions provide a cost-effective way for groups of people with common interests to pursue a legal claim. Certification is the motion where the court determines whether the action can properly be pursued as a class action.
Do I have to pay anything to participate in the class action? No, class counsel are paid on a contingency fee basis. This means that class counsel are only paid if successful in the litigation. Class counsel fees are payable out of any recovery achieved in the litigation. Class counsel fees are subject to court approval. Who is affected by the class action? Can I join the class action? Unless you opted-out excluded yourself from the class action , assuming you fall within the scope of the class definition, you are automatically included in the class action.
Can I exclude myself from the class action? The time to opt-out of the class action has passed.
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