Fourth case certified involving funds paying trailers to discount brokers
Firms were allowed to collect trailers before the CSA ban, court rules
Almost $300 million in disputed claims must be resolved before distributions can start
Mega-settlements drive global settlements to a five year high, ISS unit reports
The company's underwriters were dropped from the proposed class action
Investors' lawyers decline to appeal reversal of novel ruling
Similar cases remain outstanding against the other big banks
Appeal Court finds alleged fiduciary duty breach can be basis for class action
Case against 1832 Asset Management L.P. is the latest to secure certification
Under 2020 changes, the regulator can target under-valued asset transfers