Canadian Foreign Exchange Settlement Update


$106 Million Canadian Foreign Exchange Settlement


Update: The filing deadline in the CAD $106,747,205 Foreign Exchange Canadian Litigation Settlement is August 19, 2019.

Complex Securities: Most, if not all of these instruments do not have uniform security identifiers and many traded over the counter. These factors complicate the process for filing claims in this settlement and any related future settlements that are established.

Together with its proprietary search methods, Battea will utilize its extensive experience (gained through years of developing software and infrastructure of foreign exchange instruments) to analyze all transactional data in order to identify eligible transactions and perfect claim filings on behalf of our clients. As we do in all cases, Battea will work with Class Counsel and the Claims Administrator to justify all claims and defend/resolve any deficiencies.

Market Aptitude: Battea is the largest FX expert filing firm and its trusted group of experts, unparalleled among its peers, delivers an average of 24 years of experience in their impressive careers, and each will play a vital role in perfecting your claim to ensure that all eligible transactions are included for recovery.


Foreign Exchange Canadian Litigation

Settlement Fund: CAD $106,747,205* (Partial Settlement)

Claims Filing Deadline: August 19, 2019

Class Period: January 1, 2003 through December 31, 2013

Eligible Securities: FX Instruments (OTC) and FX Exchange Traded Instruments, such as: FX Spot Transactions, FX Forwards, FX Swaps, OTC FX Options, FX Futures, Options on FX Futures, and Other FX Products.

Eligible Parties: You may be eligible to receive money if you are a person in Canada who, between January 1, 2003 and December 31, 2013, entered into an FX Instrument either directly or indirectly through an intermediary, and/or purchased or otherwise participated in an investment or equity fund, mutual fund, hedge fund, pension fund or any other investment vehicle that entered into an FX Instrument.


For more information, including data requirements specific to this settlement, please contact Battea today.