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ARTICLE · 05 MARCH 2015

Class Action Settlement Challenges: Unclaimed Funds

Osler, Hoskin & Harcourt LLP
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Yet another class action settlement looks like it will have unclaimed funds at the end of the claims period.

CanadaLitigation, Mediation & Arbitration
Shawn Irving
Shawn Irving
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Yet another class action settlement looks like it will have unclaimed funds at the end of the claims period. The settlement between AMT, Montreal's transport agency, and a class consisting of more than 19,000 commuters from the West Island, was approved by the Quebec Superior Court last fall, yet has only resulted in approximately 1,000 applications for a share of the settlement proceeds.

Background

This class action was commenced in early 2009 on behalf of commuters from the West Island of Montreal who, during the months of January and February 2009, were forced to wait for delayed commuter trains, some of which never arrived. The Quebec Superior Court approved the out-of-court settlement in November 2014 wherein eligible commuters would be entitled to claim a portion of $997,000 in settlement proceeds.

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