PRESS RELEASE
16 September 2025

Canadians Could Soon Cash In On Proposed $26M CIBC Settlement

SL
Siskinds LLP

Contributor

Since 1937, Siskinds has been that firm of specialists serving individuals, families and businesses in southwestern Ontario and Canada from our offices in London, Sarnia and Quebec City. We’ve grown as the world around us has evolved. Today, we are a team of over 230 lawyers and support staff covering personal, business, personal injury and class action law and over 25 specialized practice areas.
Daily Hive reported that on September 12, Siskinds LLP announced a $26 million settlement with CIBC and CIBC Trust Corporation to resolve a class action targeting certain mutual fund...
Canada

Daily Hive reported that on September 12, Siskinds LLP announced a $26 million settlement with CIBC and CIBC Trust Corporation to resolve a class action targeting certain mutual fund trustees and managers over trailing commissions paid to discount brokers on funds they oversee.

The settlement remains subject to approval by the Ontario Superior Court of Justice, with a hearing scheduled for November 5, 2025.

If you want to object to the settlement, you'll need to do so by October 15.

Read the full article here: Canadians could soon cash in on proposed $26M CIBC settlement | National

Contributor

Since 1937, Siskinds has been that firm of specialists serving individuals, families and businesses in southwestern Ontario and Canada from our offices in London, Sarnia and Quebec City. We’ve grown as the world around us has evolved. Today, we are a team of over 230 lawyers and support staff covering personal, business, personal injury and class action law and over 25 specialized practice areas.

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