MACKENZIE MUTUAL FUNDS CLASS ACTION REGARDING TRAILING COMMISSIONS PAID TO DISCOUNT BROKERS
LONDON, ON, March 4, 2024 /CNW/ - The Superior Court of Justice of Ontario has certified a class action which permits a defined group of investors (the "Class") to pursue claims against Mackenzie Financial Corporation and Mackenzie Financial Capital Corporation ("Defendants").
- LONDON, ON, March 4, 2024 /CNW/ - The Superior Court of Justice of Ontario has certified a class action which permits a defined group of investors (the "Class") to pursue claims against Mackenzie Financial Corporation and Mackenzie Financial Capital Corporation ("Defendants").
- It is alleged that the Defendants paid excessive, inflated, and/or unearned trailing commissions to Discount Brokers out of the assets of the Mackenzie Mutual Fund trusts.
- The class action claims monetary damages on behalf of the Class.
- To obtain a copy of the opt-out form or for other important information regarding the class action: