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Thursday, March 1, 2012

Courts stepping up for aggrieved investors | FAIR

Courts stepping up for aggrieved investors FAIR: Earlier this month, another Ontario Superior Court judge gave the go-ahead to a class action against BMO Nesbitt Burns involving allegations of hidden fees on foreign exchange transactions in registered accounts, such as Registered Retirement Savings Plans. And an Ontario Court of Appeal judge has also cleared the way for a class-action suit against Investors Group subsidiary IG Investment Management Ltd. over losses suffered by investors due to alleged “market timing” of mutual funds.?WILL IRISH COURTS FOLLOW SUIT?

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