SNC Lavalin Group Inc. Class Action
Overview:
This securities class action alleges that class members suffered damages as a result of alleged misrepresentations made in SNC Lavalin Group Inc.'s disclosure documents and oral statements during the class period. The Plaintiff is seeking compensation for the losses suffered by the class members.
Class Definition:
The action is brought on behalf of all persons and entities (subject to certain exclusions), wherever they may reside or be domiciled, who acquired SNC common shares in the secondary market during the period from February 22, 2018 to January 27, 2019, and held some or all of such shares as of the commencement of trading on the TSX on January 28, 2019.
Recent Developments:
November 30, 2022: The plaintiff has filed a notice of appeal to appeal the order dismissing the motions for authorization and leave to proceed to the Court of Appeal for Quebec.
October 20, 2022: The Quebec court has dismissed the motions for authorization and leave to proceed.
April 27, 2022: The hearing of the motions for authorization and leave to proceed have concluded. The motion judge has reserved his decision.
September 30, 2021: The hearing of the motion for authorization and leave to proceed was re-scheduled for April 12 - 14, 2021.
October 20, 2020: The hearing of the motion for authorization and leave to proceed is scheduled for May 18 - 21, 2021.
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For inquiries, please complete the form, email snc@kalloghlianmyers.com or call (647) 243-7381.