Tags » Siskinds LLP

Investors take first steps to possible Manulife class action over annuities

Almost four years after irate investors launched a $500-million claim against Manulife Financial Corp. over its risk management policies and practices, an Ontario court is set to hear arguments this week as it determines whether the case can proceed as a class action. 849 more words

FP Street

Sino-Forest report raises new questions

By Peter Koven and David Pett

When Sino-Forest Corp.’s independent committee released an interim report on its investigation last November, the company held it up as vindication and proof that it was a viable entity and not a fraud. 495 more words

News

Class actions piling up

As claims against Chinese companies with Canadian listings start to stack up, there were more securities class-action lawsuits filed in Canada in 2011 than ever before, according to a report from a U.S.-based economic consulting firm. 520 more words

News

Koskie Minsky, Siskinds picked to lead Sino-Forest class action

Koskie Minsky LLP and Siskinds LLP won approval from an Ontario judge to lead an investor class-action lawsuit against Sino-Forest Corp. and its executives, according to court documents. 192 more words

Legal Post

Judge struggles to choose Sino-Forest class action suit

TORONTO — After spending a day and a half making their cases, Canada’s leading class-action lawyers now have to wait and see who gets to lead the action against Sino-Forest Corp., possibly the biggest of its kind in Canadian history. 340 more words

Legal Post

Class actions: Taking on the low take-up rates for settlements

When a class-action settlement is reached, few plaintiffs make claims for the money relative to the number the class represents. Lawyers who practise in the area say the average claim for the settlement money – referred to as take-up rates – ranges from 20% to 40%, which is exceptionally low. 759 more words

Legal Post

Class see law firms squaring off

It’s been apparent for some time that securities class actions are proving most lucrative for Canada’s lawyers, particularly in Ontario, British Columbia and Quebec.

No surprise, then, that the competition among plaintiffs’ firms for carriage of the juicy files and the millions of dollars in fees flowing from them would be fierce. 534 more words

Legal Post