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CIBC Mutual Funds and Renaissance Mutual Funds Class Action Regarding Trailing Commissions Paid to Discount Brokers
Benzinga· 2025-09-12 12:00
Notice of Proposed Settlement and Supplemental Opt-Out Deadline for Certain Class MembersHave you held units of a CIBC Mutual Fund or Renaissance Mutual Fund through a discount broker?TORONTO, Sept. 12, 2025 /CNW/ - A class action settlement has been reached with Canadian Imperial Bank of Commerce and CIBC Trust Corporation for $26 million to resolve the claims asserted on behalf of all persons, wherever they may reside or be domiciled, who held or hold units of a CIBC Mutual Fund trust or a Renaissance Mut ...