Canadians who invested in RBC or PH&N Mutual Funds could be included in Siskinds LLP's proposed class action against RBC Global Asset Management Inc. and RBC Investor Services Trust, as reported by Daily Hive Canada. The lawsuit alleges that the defendants paid excessive and unearned trailing commissions to discount brokers, reducing the value of mutual fund investments for investors who received no advice.
PRESS RELEASE
15 August 2024
Canadians Could Get Money From A Class-action Lawsuit Against RBC
Canadians who invested in RBC or PH&N Mutual Funds could be included in Siskinds LLP’s proposed class action against RBC Global Asset Management Inc. and RBC Investor Services Trust...