RicePoint Class Members

Welcome, new and returning class members!

Here you will have access to our full list of class actions and information on how they work.  We have also provided a list of common questions we receive to help anticipate your needs. 

Click on any of the class actions listed below to see a summary of the case, view deadlines and other important dates, find contact information and status updates. 

Terminology 101: Understanding Class Action Terminology

The following is a list of commonly asked questions and answers that help explain the terminology used in class actions.

GENERAL INQUIRIES

What is a class action?
In a class action, one or more people - called the representative plaintiffs - sue on behalf of other people that have similar claims.   All these people together are called a "class" and individually each is called a "class member".

Why should I participate in a class action?
A class action gives individuals the ability to seek damages that would otherwise be too small to purse individually.  In most cases, it also allows individuals to do it without incurring legal fees.  Class actions also give individuals the ability to hold companies accountable for unlawful activities.  You may receive compensation for a wrong, injury, or loss that you sustained.  Finally, by participating, you demonstrate to the court that the alleged harm done was substantial and impacted a large number of people.

Is it worth my time to complete a claim?
It is impossible to know what, if any recovery, might be possible.  Some cases go to trial while others will settle.  Others may be dismissed by the court.  A settlement can involve a payment into a common fund to be distributed to all members of the class in proportion to the amount each is determined to have lost.  For specific details of your case, please review the notice of settlement.

How do you know if you are eligible to file a claim?
This depends on the case you're referring to. It's best to visit the case website, visit the FAQ available on the page and see the specific criteria listed in the official court documents.

What is a class period?
A class period is a specific time period during which a company is alleged to have been improperly conducting its business.

How do I know if you received my claim?
We will acknowledge receipt of your claim by mail or email within 60 days.  Your claim is not deemed fully filed until you receive an acknowledgement postcard.  If you do not receive a postcard within 60 days please contact us.

How will I receive payment?
This depends on the individual class action.  Some cases allow for direct deposit but in the majority of cases, eligible class members receive compensation by cheque.

What is a Representative Claimant?
The Representative Plaintiff is a person or entity appointed by the court to stand in for and act on behalf of the other class members in the litigation.  The Representative Plaintiff will work with Class Counsel to determine the course and direction of the litigation.

When will I receive my payment?
Depending on the number of claims, this process can take six to twelve months after the claim deadline.  Updates are available on the case specific website (found on the Notice and the Claim Form).

Why does it take so long to receive a payment?
Typically, class actions involve hundreds or thousands of claimants.  Each claim needs to be reviewed individually to determine eligibility and damages in accordance with the settlement agreement.  

What happens if I move?
It is your responsibility to inform the claims administrator of your new address.

How long do I have to cash my cheque?
Unless otherwise noted, non-government cheques are considered stale-dated after six months.  

Does it cost me anything to participate in a class action?
Generally, no legal fees are paid unless a class action is successful.   Should there be a successful resolution to a case, legal fees are typically drawn from the settlement proceeds before a distribution to class members.  Please review the notice for specific details of your class action. 

What is an opt-out?
To opt-out of a class action is to exclude yourself from the class action.   This means that if an individual opts-out they will not be eligible to receive any settlement benefits that a court may approve.  They will, however, be able to pursue their own claim on an individual basis.

What happens if I don't opt out?
If a person does not opt-out of a class action they will be bound by the terms of the class action whether they submit a claim in the matter or not.

What is the difference between objecting and excluding or opting out?
Objecting is telling the court that you don't like something about the Settlement.  Depending on the settlement, you may do this in writing or by appearing in person at the settlement approval hearing.  Excluding yourself or opting out is telling the court that you don't want to be part of the settlement class.  If you exclude yourself or opt out, you give up your right to receive any benefits recovered through the settlement.

What happens if I do nothing?
If you do nothing, you will not receive any benefits from this Settlement but you will be bound by its terms and you will give up your right to start a lawsuit against the Defendants about the legal issues resolved by the settlement.

What is class counsel?
Class counsel is the group of lawyers appointed by the court to represent the class.

How does class counsel get paid?
If there is a successful resolution to a case, class counsel will ask the court to approve the payment of their fees and reimburse their expenses in these lawsuits.  The amounts that the court approves will be paid out of the settlement fund.

What happens if the claims exceed the settlement fund?
Generally, in the event class members submit valid claims in an amount greater than the funds available in the settlement fund, most settlement agreements stipulate that the benefits be reduced pro rata (payments are reduced in the same proportion as everyone else's benefits).

SECURITIES CLASS ACTION INQUIRES

How many claims do I need to file?
You need to file a separate claim form for each account in which the relevant security was held.  If you are an eligible claimant, you will receive a separate cheque for each approved claim.

What happens if I have more than one account i.e. cash account and an RRSP account?
You need to file a separate claim form for each account in which the relevant security was held.  If you are an eligible claimant, you will receive a separate cheque for each approved claim.

How will I receive payment if my account is registered e.g. RRSP?
The payee on the cheque will be John Doe RRSP.

What if my account type is not listed on the claim form e.g. margin account?
Please check the "other" box in the "Claimant Identification" section of the claim form and write the name of the account in the blank space provided e.g. margin account.

What is the difference between a beneficial purchaser and a record purchaser?
A security claimant who acquired securities and held the certificate(s) in their name is the beneficial purchaser.  If, however, the certificate was registered in the name of a third party, such as a nominee or brokerage firm, the Securities Claimant is the beneficial purchaser and the third party is the record purchaser of the securities.

What is the trade date vs. the settlement date?
Trade date is the date the order is executed in the market.  Settlement date is the date on which a trade settles.  That is, the actual day on which transfer of cash or assets is completed.

 

 

 

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Featured Class Actions

 

CaseClaim DeadlineStatus

ParkLane Donations for Canada Charitable Gift Program

July 31, 2017

Processing Claims

OxyContin Class Action Settlement

 

Processing Claims

Volkswagen/Audi 2.0-Litre TDI Emissions Settlement

September 01, 2018

Processing Claims

Fosamax

July 17, 2017

Processing Claims

Kaba Ilco Settlement

April 21, 2017

Processing Claims

CUPE Pension Class Action

April 15, 2017

Processing Claims

Ontario Cash Store Class Action

October 31, 2016

Processing Claims..

Canadian Cooling Compressors

August 11, 2016

Processing Claims

Baja Mining Corp.

August 4, 2016

Processing Claims

Canadian SRAM National Class Actions

June 29, 2016

Processing Claims

Eastern Ontario Gasoline Price Fixing

May 27, 2016

Processing Claims

Agnico Eagle

May 20, 2016

Processing Claims

Assante

March 8, 2016

Processing Claims

Cash Store Financial Services, Inc. Securities

January 8, 2016

Processing Claims

Canadian DRAM Products

June 23, 2015

Simplified Distribution: December 2015

Standard Distribution: Expected May 2016

Canadian LCD Products

Dec 9, 2014

Distribution: January 2016

Aftermarket Auto Lights

Sep 10, 2014

Distribution: April 2015

Aftermarket Auto Filters

Aug 11, 2014

Distribution: March 2015

Parklane Donations for Canada 

Feb 28, 2014

Distribution: July 2014

Kugel Mesh

Feb 20, 2014

Distribution: August 2014

Cathay Forest Products Corp.

Mar 31, 2014

Distribution: March 2015

NVIDIA GPU

May 30, 2014

Distribution: March 2015

Sino-Forest: Ernst & Young

Feb 14, 2014

Distribution: November 2015

Zungui Haixi Corp.

Jan 6, 2014

Distribution: December 2014

Chocolate Products Price-Fixing

Dec 15, 2013

Distribution: November 2014

OPSEU Local 330

Nov 25, 2013

First Distribution: March 2012

EasyHome Ltd.

Sep 17, 2013

Distribution: June 2014

OSSTF District 17 Trust Surplus

Sep 5, 2013

Distribution: December 2013

CCAC Pension 

Apr 18, 2013

Distribution: December 2013

 

 

 

All Class Actions

CaseClaim DeadlineStatus
Volkswagen/Audi 2.0-Litre TDI Emissions SettlementSeptember 01, 2018Processing Claims
FosamaxJuly 17, 2017Processing Claims
Kaba Ilco SettlementApril 21, 2017Processing Claims
CUPE Pension Class ActionApril 15, 2017Processing Claims
Ontario Cash Store Class ActionOctober 31, 2016Processing Claims..
Canadian Cooling CompressorsAugust 11, 2016Processing Claims

Baja Mining Corp.

August 4, 2016

Processing Claims

Canadian SRAM National Class Actions

June 29, 2016

Processing Claims

Eastern Ontario Gasoline Price Fixing

May 27, 2016

Processing Claimsyy

Agnico Eagle

May 20, 2016

Processing Claims

Assante

March 8, 2016

Processing Claims

Donnybrook

February 11, 2016

Processing Claims

Cash Store Financial Services, Inc. Securities

January 8, 2016

Processing Claims

Canadian DRAM Products

June 23, 2015

Simplified Distribution: December 2015

Standard Distribution: Expected May 2016

Jitec

Mar 16, 2015

Processing Claims

Canadian LCD Products

Dec 9, 2014

Distribution: January 2016

Aftermarket Auto Lights

Sep 10, 2014

Distribution: April 2015

Aftermarket Auto Filters

Aug 11, 2014

Distribution: March 2015

OPSEU Local 330 Demutualization

May 16, 2014

Distribution: May 2015

OSSTF District 17 Demutualization

May 16, 2014

Distribution: May 2015

Legionnaires

June 12, 2014

Distribution: July 2015

ParkLane Donations for Canada

Feb 28, 2014

Distribution: July 2014

Kugel Mesh 

Feb 20, 2014

Distribution: August 2014

Cathay Forest Products Corp.

Mar 31, 2014

Distribution: March 2015

NVIDIA GPU

May 30, 2014

Distribution: March 2015

OSSTF District 17 Demutualization

May 16, 2014

Distribution: March 2015

Sino-Forest: Ernst & Young

Feb 14, 2014

Distribution: November 2015

Zungui Haixi Corp.

Jan 6, 2014

Distribution: December 2014

Chocolate Products Price-Fixing

Dec 15, 2013

Distribution: November 2014

OPSEU Local 330

Nov 25, 2013

First Distribution: March 2012

EasyHome Ltd.

Sep 17, 2013

Distribution: June 2014

OSSTF District 17 Trust Surplus

Sep 5, 2013

Distribution: December 2013

CCAC Pension 

Apr 18, 2013

Distribution: December 2013

Gammon Gold Inc.

Mar 13, 2013

Distribution: April 2014

Arctic Glacier Income Fund

Sep 11, 2012

Distribution: January 2014

NIVEA Goodbye Cellulite My Silhouette!

Feb 25, 2013

Distribution: Mar 8, 2013

Redline

Mar 5, 2012

Distribution: February 2013

Canadian Superior Energy

Dec 7, 2011

Distribution: May 2013

Ethylene Propylene Diene Monomer

Oct 11, 2011

Distribution: December 2011

Fleet Phospho-Soda

Sep 22, 2011

Distribution: August 2012

MyTravel Canada Holidays Inc.

May 25, 2011

Distribution: February 2012

Gildan Activewear Inc.

Mar 10, 2011

Distribution: April 2013

PetroKazakstan Inc.

Feb 24, 2011

Distribution: February 2012

SunOpta Inc.

Jun 11, 2010

Distribution: February 2012

CP Ships Ltd.

Jun 7, 2010 

Distribution: December 2011

TVI Pacific Inc.

Jan 18, 2010

Distribution: September 2010

Tequin

Oct 1, 2009

Distribution: October 2009

Hydrogen Peroxide

Sep 8, 2009

Distribution: October 2012

Carbonless Paper Sheets

May 1, 2009

Distribution: May 2009

Polyester Staple

Dec 1, 2008

Distribution: December 2008

Rubber Chemicals

Nov 1, 2008

Distribution: November 2008

Polychloroprene (PCP)

Jun 1, 2008

Distribution: June 2008

Polyester Polyols

Jun 1, 2008

Distribution: June 2008

Cannon

 

Certification

Kitec

 

Certification