TSXV:RHT.H - Post by User
Post by
aaaaaarghon Jul 14, 2022 6:27pm
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Post# 34825500
siskind fees for class action
siskind fees for class actionThe Court also awarded Siskinds LLP and Mathew P Good Law Corporation (“Class Counsel”) total legal fees in the amount of CAD$750,000, plus disbursements of CAD$140,414.63, plus HST, GST and/or PST (“Class Counsel Fees”). As is customary in such cases, Class Counsel conducted the class action on a contingent fee basis. Class Counsel was not paid as the matter proceeded and funded the expenses of conducting the litigation. Class Counsel Fees will be deducted from the Settlement Amount before it is distributed to Class Members. Expenses incurred or payable relating to approval, notification, implementation and administration of the Settlement (“Administration Expenses”) will also be paid from the Settlement Amount before it is distributed to Class Members. The Court also approved the payment of an honorarium to the Plaintiff in the amount of CAD$5,000. The honorarium will be deducted from the Settlement Amount before it is distributed to Class Members.