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Class Action Litigation Archives

Rail industry safety 3 years after the Lac-Mégantic disaster

You would probably have to turn over a lot of rocks to find a single resident of Canada who has never heard of the Lac-Mégantic train disaster. Three years ago, a train hauling oil tankers derailed and exploded, leaving 47 people dead and the town of the Lac-Mégantic literally in ruins.

Legal action possible if you have been misled about investments

There is a reason companies are required to disclose information about their enterprise when trading on the stock market. Accurate disclosure ensures all potential investors are as aware of any risks as possible. Failure to disclose or to wilfully misrepresent can be viewed at the very least as securities misconduct. Investors and shareholders have the right to receive regular updates about their investments that are truthful, accurate and not misleading.

Proposed class action litigation claim against the Leviathan II

On Oct. 25, 2015, a group of whale enthusiasts boarded the Leviathan II whale-watching vessel of Canada intent on observing nature in all its glory. Unfortunately, the excursion ended in tragedy when the vessel capsized, killing six people and injuring several others.

Why was the Canadian Imperial Bank of Commerce at fault?

The Canadian Imperial Bank of Commerce was sued after the American housing market crashed in 2008. It was a huge lawsuit that launched with a multi-billion dollar goal. So, why was the CIBC at fault, considering the crash happened in the United States?

Class action lawsuit started after whale-watching disaster

In October of last year, a whale-watching boat called the Leviathan II overturned at sea, sinking below the freezing water. Six passengers died in the incident. Those who survived were exposed to severe mental and emotional trauma. There were also physical injuries, even to those who made it out. The whole incident happened off the coast of Tofino, British Columbia.

Regulatory compensation isn't always enough

In some class action lawsuits, regulatory compensation may also be generated through a parallel action. It used to be that companies could essentially mask their own responsibility with this compensation, saying they should not have to pay any more since they'd already paid out. This could hinder the action that was taken by the class action lawsuit.

Imperial Tobacco being sued for ignoring fire-safe cigarettes

Three people in Canada died in a house fire that was started by a cigarette. The youngest was just three years old, the next was 15 and the oldest was 16. The allegation is that the 16-year-old had been smoking a cigarette that was made by Imperial Tobacco Canada when he fell asleep. The still burning cigarette then caused the fire and took their lives.

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