Settlement in the best interest of Portus investors, Manulife says
Class action suit alleges violations of employment standards
Regulator didn’t produce enough evidence to show that there is no genuine issue for trial, court rules
Bank denies wrongdoing
Ontario’s Limitation Act does not give the court the authority to allow an action to be commenced after the expiry of a limitation period
It pays to be aware of the “how and why” when damages are calculated
While Ontario moves toward allowing more certifications against banks and others, Quebec is pulling back
Financial institutions could face more class actions from non-management employees
Suit alleges policyholder funds wrongly used for 1997 London Life purchase
But the former Montreal advisors intend to file a counterclaim for wrongful dismissal and damage to their reputations