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This claims administration website was updated on November 23, 2022
Thank you for your patience as we progress through the claims administration.
The Claims Administrator’s recommendations to the Court seeking amendments to the Plan of Allocation to increase the amount paid to September Disclosure Claimants has been approved by the Court. We now have authorization from the Court to make Distributions to Authorized Claimants as recommended by Trilogy Class Action Services.
This will result in Pro Rata Distribution payments to Authorized Claimants as follows:
ALL PRO RATA PAYMENTS WILL BE POSTED IN AUTHORIZED CLAIMANTS INDIVIDUAL VEIW FILE IN THE ONLINE CLAIMS ADMINISTRATION PORTAL AT https://portal.fsdsecuritiesclassaction.com/
CHEQUES WILL BE MAILED TO AUTHORIZED CLAIMANTS IN DECEMBER 2022.
PLEASE CHECK WITH CANADA POST FOR DELIVERY TIMES
ALL FUNDS WILL BE PAID IN CANADIAN DOLLARS. IF YOU ARE A FOREIGN INVESTOR, PLEASE CONTACT OUR OFFICE TO MAKE WIRE-TRANSFER ARRANGEMENTS FOR PAYMENT.
PRO RATA PAYMENTS CALCULATED TO BE LESS THAN $100 WILL NOT BE PAID. THESE FUNDS HAVE BEEN REALLOCATED TO THE COMPENSATION FUND AND PAID OUT TO OTHER AUTHORIZED CLAIMANTS.
It is important that Authorized Claimants check the website, www.fsdsecuritiesclassaction.com, or the pop-up message when you log into the online claims administration portal to review your Pro Rata Payment on a regular basis for updates.
“Compensation Fund (September Disclosure)” means the portion of the Compensation Fund to be distributed to Authorized Claimants in respect of their Maximum Entitlement (September Disclosure)”;
“Compensation Fund (November Disclosure)” means the portion of the Compensation Fund to be distributed to Authorized Claimants in respect of their Maximum Entitlement (November Disclosure)”;
“Qualified Shares (September Disclosure)” means Shares purchased or acquired on or after September 20, 2018, but before November 29, 2018, and held until after the close of trading on February 6, 2019, calculated using LIFO;
“Qualified Shares (November Disclosure)” means Shares purchased or acquired on or after November 29, 2018 and held until after the close of trading on February 6, 2019, calculated using LIFO;
CALCULATION OF THE DISTRIBUTION AND MAXIMUM ENTITLEMENT
It is important that Class Members check the website, www.fsdsecuritiesclassaction.com, or the pop-up message when you log into the portal to review the status of your Claim on a regular basis for updates in regard to the claims administration.
Trilogy Class Action Services,
117 Queen Street, P.O. Box 1000,
Niagara-on-the-Lake, ON, L0S1J0
Toll Free: (877) 400-1211
Trilogy Class Action Services does not provide legal advice nor tax advice. The content on this website is provided for information purposes only and does not constitute legal or other professional advice or an opinion of any kind. Users of this website are advised to seek specific legal advice by contacting members of the firm(s) located on the Contact Page, Class Counsel or independent legal advice regarding any specific legal issues. Trilogy Class Action Services does not warrant or guarantee the quality, accuracy or completeness of any information on this website. The information published on this website is current as of their original date of publication, but should not be relied upon as accurate, timely or fit for any particular purpose. If there is a discrepancy between the content of the website and the Court documents, the content of the Court documents shall apply. The Court documents may be found on the Documents page of this website.