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The Superior Court of Québec authorizes a securities class action against Bombardier Inc. and its former CEO and CFO
The class action asserts that Bombardier released documents containing false and misleading information relating to its 2018 free cash flow guidance. It is alleged that when the misrepresentations and omissions of fact were publicly corrected, Bombardier's securities dropped significantly in value causing the class members damages.
Details on the authorization of the class action, including the process for class members to opt-out of the class action, no later than October 31, 2024 , are available at: www.faguyco.com/bombardier-notice.
The judgment of the Superior Court of Québec, and information about the class action in English and French, are available on class counsel's website at: https://www.faguyco.com/class-actions/bombardier.
Information on the class action can also be found on the website of the Québec Registry of class actions at: https://www.registredesactionscollectives.quebec/en.
For any inquiries, please contact class counsel acting on behalf of the representative plaintiff and the class members:
329 de la Commune Street West, suite 200,
Montréal (Québec) H2Y 2E1
Tel: 514.285.8100 ext. 225
Fax: 514.285.8050,
classactions@faguyco.com
View original content:https://www.prnewswire.co.uk/news-releases/the-superior-court-of-quebec-authorizes-a-securities-class-action-against-bombardier-inc-and-its-former-ceo-and-cfo-302252061.html