National Bank of Canada Loss of Information

National Bank of Canada Loss of Information

Date of Initial Application: October 6, 2008

SETTLEMENT COMPLETE AND FILE CLOSED

NATIONAL BANK OF CANADA

Re: Settlement regarding the laptop computer stolen in 2008

A settlement agreement was concluded and approved by Madam Justice Guylène Beaugé of the Superior Court of Quebec on August 1, 2012 (the “Agreement“) regarding the following class action brought against the National Bank of Canada (hereinafter “NBC“) :

  • Larose and Paquette v. National Bank of Canada, 500-06-000452-082, Superior Court of Quebec, district of Montreal, 

on their own behalf and on behalf of the class defined as follows:

The Class consists of all the persons (including their estates, executors, or personal representatives), consumers, corporations having no more than 50 persons under an employment contract, firms, businesses, and other organizations in all of Canada, whose personal information was saved or stored on the hard disk of a laptop computer stolen from the premises of NBC on or about September 19, 2008.

The Class excludes i) NBC, ii) any entity in which NBC holds a majority interest, iii) NBC’s legal representatives, successors and assigns iv) and all Persons who have opted out of the Class in accordance with the Notice of Preapproval.

SUMMARY:

NBC agreed and set up a claims settlement process for a period of ninety (90) days (which has now expired).

The following persons were eligible to benefit from the settlement:

  • anyone who, as of September 19, 2008, held or had held a mortgage with NBC; and
  • whose personal information was saved or stored on the hard disk of the laptop computer stolen on or about September 19, 2008; and
  • who suffered a documented monetary loss as a result of the unauthorized use of the said personal information.

As additional measures, NBC also agreed to make (and indeed made) the following donations:

a)    $25,000 to the Fondation du Centre Jeunesse de Montréal;

b)    $60,000 to the Jewish General Hospital Foundation of Montreal.

NBC also paid the plaintiffs, Steve Larose and Jocelyne Paquette, the amount of $1,500 each as an indemnity for the costs incurred by them and their efforts on behalf of the Class Members as plaintiffs in the litigation.

This file is now settled and closed.

Join Class Action!

    Avertissement: Le site Internet de Lex Group n'est pas destiné à créer une relation avocat-client entre vous et notre cabinet. En nous soumettant vos informations, vous ne créez pas de relation avocat-client avec le cabinet. Une relation avocat-client peut être établie qu’après une vérification de conflits d'intérêts (par nous) et qu’après la signature d’un contrat de mandat professionnel avec notre cabinet. Le cabinet pourra vous contacter au sujet de votre réclamation légale ou afin de discuter des options de représentation. À cause du volume de courriels qu’on reçoit, nous ne pouvons pas vous assurer qu’une réponse sera envoyée à chaque communication envoyée. Dans tout recours collectif, c'est le tribunal qui approuve et détermine qui sera admissible pour participer audit recours. Si vous pensez que vous pourriez être admissible à recevoir des dommages et intérêts, qui pourront être accordés dans ce recours collectif, nous vous demandons de remplir le formulaire ci-dessus, afin de nous aider à déterminer si vous êtes un membre légitime du groupe et afin de vous assurer que vous recevrez les communications futurs de la Cour à propos de cette affaire. Cependant, le retour du formulaire ci-dessus ne vous garantit pas de compensation quelconque.