Koskie Minsky LLP has commenced a class-action lawsuit concerning the payment of trailing commissions to Canadian discount brokerages, the Toronto-based law firm announced Friday. Trailer fees are ...
Several major fund managers are facing a new class action threat, with a proposed lawsuit alleging that fund investors were harmed when their mutual funds paid trailing commissions to discount brokers ...
The practice of mutual funds paying trailer commissions to discount brokers for advice they were prohibited from providing was finally outlawed last year. But investors cannot sue to recover fees they ...