This claims administration website was updated on October 15, 2021

Thank you for your patience as the adjudication of the Claim Forms has been delayed.

As the Court appointed Claims Administrator, we have submitted a draft affidavit to Class Counsel and subsequently a Motion to the Court requesting direction with regards to the interpretation of the Plan of Allocation and Settlement Agreement.

Pursuant to paragraphs 18.1 and 18.4 (1) and (2) of the Settlement Agreement and paragraph 10 of the Plan of Allocation, as the Court appointed Claims Administrator, we are seeking direction from the Court in relation to the interpretation, intent and purpose the Plan of Allocation and Settlement Agreement in relation to the application of Section 225 of the Quebec Securities Act and the Calculation of Maximum Entitlement.

At this point and time, we do not have a timeline to resolve this issue.

We will post an update when we receive direction from the Court.

No Distribution shall be made by the Administrator until authorized by the Court.


TIMELINE FOR DISTRIBUTIONS

We do not have a timeline from the Court when authorization will be granted to make Distributions to Authorized Claimants.
No Distribution shall be made by the Administrator until authorized by the Court. We will post an update when we receive approval from the Court.


DISTRIBUTION TO AUTHORIZED CLAIMANTS Pursuant to the Plan of Allocation

  • As soon as practicable after the completion of the claims submission and election for review process, the Administrator will bring a motion to the Court for authorization to make Distributions from the Compensation Fund. In support of this motion, the Administrator will file the Distribution List with the Court in a manner that protects the privacy of persons on the Distribution List.
  • No Distribution shall be made by the Administrator until authorized by the Court.
  • No Distribution shall be made by the Administrator in respect of any amount under $5, and the name(s) of the Authorized Claimant(s) with claims under this amount shall be excluded from the Distribution List in respect of such claims.
  • The Administrator shall make Distributions from the Compensation Fund forthwith after receipt of authorization from the Court to make Distributions to the Authorized Claimants whose names are on the Distribution List.


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