Crocusclass action

News And Updates

The following items are news and updates relating to the Business Development Bank of Canada Class Action.

2008
26-FEB-2008 Proposed settlements totaling $12 million are reached with the directors, officers, PriceWaterhouseCoopers, Nesbitt Burns, the Government of Manitoba, and the Manitoba Securities Commission. View a copy of the email, sent to Crocus class action members. (pdf 20 KB)
2007
23-FEB-2007 Cabinet memo is leaked to the public. It reveals that the provincial government knew about problems at Crocus more than 4 years before the fund collapsed. View a copy of the memo, signed by the Finance Minister, Greg Selinger. (pdf 257 KB)
2006
1-MAR-2006 Province under gun in Crocus suit (70 KB)
27-FEB-2006 Crocus shareholders get new legal team to pursue class-action lawsuit (65 KB)
26-FEB-2006 Investors get legal team Crocus lawsuit to move forward (79 KB)
26-FEB-2006 Crocus investors hire new legal team (49 KB)
2005
MAY-2005 Manitoba Auditor General Report: Examination of the Crocus Investment Fund (new window)
MAY-2005

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Doug Lennox
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