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Bank of Canada Pension Plan
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For more information you may send us an
e-mail or call us at 1-866-545-9917 |
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Class Action against Bank of Canada Pension
Plan
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Pour consulter le document en français
Koskie Minsky LLP has filed a class action against
the Bank of Canada in connection with the Bank of Canada Pension Plan. The
plaintiffs belong to the Bank of Canada Pensioners' Association and will be
requesting court certification to act on behalf of a national class. Class
members would include persons who, after January 1, 1993, were members, former
members, annuitants, spouses and other beneficiaries of the Plan.
The Statement of Claim alleges that the administrator of the Plan misused
approximately $12 Million of the assets of the pension trust since at least
1993, by using these amounts to cover expenses and costs to administer the
Plan.
To view details of allegations please see the Statement of Claim by
clicking here. To view the October 15, 2004 News Release please
click here.
On March 30, 2007, the Ontario Court of Appeal released reasons in respect of
the plaintiffs' appeal of a decision of Justice Macdonald of the Ontario
Superior Court of Justice striking portions of the statement of claim. The
Court of Appeal granted the appeal in part. To view the decision of the Ontario
Court of Appeal, please click here.
Please also visit the Bank of Canada Pensioners' Association's website at
www.bcpa.ca for further information.
Class Members
Please note that there is no cost to you if you are a class member. If this
action is certified, class members will have an opportunity to opt-out of the
class if they so desire, but will be required to retain their own counsel or
act on their own behalf to pursue the claim.
If you have any questions regarding this action please call our hotline number
at 1-866-545-9917 where you can leave us a confidential voice message. You can
also email us at bcpaclassaction@kmlaw.ca
or fax us at 416 402-2897 or contact us by mail at Koskie
Minsky LLP, c/o BCPA Pension Class Action, 20 Queen Street West,
Toronto, Ontario M5H 3R3.
To view more information about how class actions work, please
click here.
IMPORTANT NOTE:
This website has been developed to provide general information to potential
class members.
The site is not designed to answer questions about your individual situation or
entitlement. Do not rely upon the information provided on this web site as
legal advice in respect of your individual situation or use it as a substitute
for individual legal advice.
Providing any information does not make you the client of Koskie
Minsky LLP. The Court will ultimately decide who will be included as
a class member.
This website will be updated from time to time to provide potential class
members with information as it becomes available.
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