We pursued this class action on our 250,000 members' behalf and are pleased with the tentative settlement. We have a fiduciary duty to the active and retired Ontario teachers for whom we invest to press the companies we invest in to deliver shareholder value. As this suit illustrates, we are prepared to act when necessary.

Claude Lamoureux

Related Quotes

The issue of plan funding remains our primary cause for concern.

— Claude Lamoureux

You would have expected that everything would have been done. Here we go again.

— Claude Lamoureux

The message to European institutional investors is make sure they protect their interests at the start of a class action so that they will receive a recovery at the conclusion of the class action.

The organization later faced a class action lawsuit, and I got a rebate check as part of the settlement. Customer service problems can be very expensive for companies, and a lot of times they don't think about the long-term costs and the loss-of-loyalty issues they create.

— Kristen DeTienne

This can create a Balkanization in class-action cases.

— Michael Hyman