Info class action
Mount Real
In November 2008, the owner of promissory notes issued by Corporation Mount Real filed with the Superior Court of Quebec a Motion for authorization to institute a class action and to be representative plaintiff against:
- ex-senior officers, Lino P. Matteo and Paul D’Andrea;
- accounting firms Deloitte & Touche, L.L.P., BDO Dunwoody, L.L.P. and Schwartz Levitsky Feldman, L.L.P.; and
- trust companies B2B Trust and Penson Financial Services Canada Inc.
This class action has been filed on behalf of every person who, on November 9, 2005, was the owner of promissory notes issued by Corporation Mount Real, MRACS Management Ltd., Investissements Real Vest Ltd. and Corporation Real Assurance Acceptation.
This class action is in the wake of the scandal that involved Corporation Mount Real and its related companies.
This class action is led by Belleau Lapointe, L.L.P., Trudel & Johnston, L.L.P. and Lauzon Bélanger Inc.
Chronology
November 2008
Filing of a Motion for authorization to institute a class action and to be representative plaintiff.