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Deloitte & Touche LLP has been appointed by the Ontario Superior Court of Justice as the Claims Administrator of the Atlas Cold Storage Income Trust Class Action Settlement (the "Settlement").
The Notice of Settlement approval and Fees Hearing (the “Notice”) is a court-approved summary of the Settlement. To review the Notice, click here.
Registering a Claim for Compensation
To receive compensation under the Settlement, each Class Member should submit a completed Claim Form and supporting documents to the Administrator, on or before 5:00 pm Toronto time on March 2, 2009, by using the secure Online Claim System. Documentation of all purchases, acquisitions, sales and disposition of all Trust Units on or after March 1, 2002 is required to substantiate each registered Claim.
Class or Class Members means all persons, other than Excluded Persons, who purchased or acquired Trust Units during the period, March 1, 2002 to and including August 29, 2003, under the terms of a prospectus offering, on the TSX, or in any other fashion and held some or all of those Trust Units at the close of trading on the TSX on August 29, 2003.
Please note that the deadline to register a Claim has passed.
Opting Out
The deadline to opt out of this class action has expired.
The Settlement is Final.
The judgment certifying the action as a class proceeding and approving the settlement may be viewed here. The deadline to appeal from the judgment has passed and the judgment is now final. Reasons released by Justice Lax on February 12, 2009 may be reviewed here.
Hearing on August 12, 2008 to Fix Class Counsel Fees
On August 12, 2008 Justice Lax heard argument about the amount that class counsel should be paid for acting in this class action. Reasons released by Justice Lax on February 12, 2009 may be reviewed here.
Settlement Documents
To review the Settlement documents, click here.
Note
Please visit this Website regularly as it will be updated with news and Court approved documents throughout the administration of the Settlement.
If a Class Member does not have access to a computer with Internet connectivity, has difficulty with the Online Claims System Process, or prefers not to register a claim online, they may commence the claim process by telephoning the Claims Administration Help Line at 1-866-669-6615.
The deadline to register a Claim has passed.
Important Update - December 9, 2009:
We are pleased to report that the various appeals and other procedural issues which arose from the settlement are now resolved. Counsel is seeking approval from the Court to release the distributions of the settlement payments to class members. We expect to be in a position to send out cheques to the class members in January, 2010. We appreciate your patience in this complex matter.
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