Privacy breach: Class action settlement agreement submitted to the Superior Court of Quebec for approval
Privacy breach: Class action settlement agreement submitted to the Superior Court of Quebec for approval Français
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Desjardins Group
Dec 16, 2021, 10:00 ET
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MONTREAL, Dec. 16, 2021 /CNW Telbec/ - A settlement agreement was concluded between Desjardins and the plaintiffs represented by law firms Siskinds Desmeules and Kugler Kandestin after they filed class actions in connection with the privacy breach announced in June 2019. Desjardins is pleased that a settlement agreement was reached. The settlement agreement has been submitted to the Superior Court of Quebec, where it must be approved before it can take effect.
There's no need to contact Desjardins at this time as there are still several steps before the settlement agreement is approved and the claims process can begin.
The settlement agreement submitted to the Superior Court of Quebec for approval allows for a maximum amount of $200,852,500 to be paid out as individual recovery to eligible individuals who file a claim. The settlement agreement applies to all individuals affected by the privacy breach announced by Desjardins on June 20, 2019. This includes anyone who was a current or former Desjardins banking member, a current or former client with a credit card or in-store financing, or anyone who received a letter informing them of the situation.
Full details are available at www.desjardinssettlement.com.
About Desjardins Group
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $391 billion. It was named one of the Canada's Top 100 Employers by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry.
SOURCE Desjardins Group
For further information: For more information (media inquiries only): Public Relations, 514-281-7000, ext. 5553436, [email protected]
NEWS PROVIDED BY
Desjardins Group
Dec 16, 2021, 10:00 ET
SHARE THIS ARTICLE
MONTREAL, Dec. 16, 2021 /CNW Telbec/ - A settlement agreement was concluded between Desjardins and the plaintiffs represented by law firms Siskinds Desmeules and Kugler Kandestin after they filed class actions in connection with the privacy breach announced in June 2019. Desjardins is pleased that a settlement agreement was reached. The settlement agreement has been submitted to the Superior Court of Quebec, where it must be approved before it can take effect.
There's no need to contact Desjardins at this time as there are still several steps before the settlement agreement is approved and the claims process can begin.
The settlement agreement submitted to the Superior Court of Quebec for approval allows for a maximum amount of $200,852,500 to be paid out as individual recovery to eligible individuals who file a claim. The settlement agreement applies to all individuals affected by the privacy breach announced by Desjardins on June 20, 2019. This includes anyone who was a current or former Desjardins banking member, a current or former client with a credit card or in-store financing, or anyone who received a letter informing them of the situation.
Full details are available at www.desjardinssettlement.com.
About Desjardins Group
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $391 billion. It was named one of the Canada's Top 100 Employers by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry.
SOURCE Desjardins Group
For further information: For more information (media inquiries only): Public Relations, 514-281-7000, ext. 5553436, [email protected]
