settled

Crocus Class Action

News & Updates

2010

2 Jul Shareholder suit against legal advisors and valuator (78 KB)

2009

9 Jun Update
23 Apr Crocus class action saga nears its end (24 KB)

2008

26 Feb 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 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. (257 KB)

2006

1 Mar Province under gun in Crocus suit (70 KB)
27 Feb Crocus shareholders get new legal team to pursue class-action lawsuit (65 KB)
26 Feb Investors get legal team Crocus lawsuit to move forward (79 KB)
26 Feb Crocus investors hire new legal team (49 KB)

2005

May Manitoba Auditor General Report: Examination of the Crocus Investment Fund (new window)

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