Teck / Cominco Pension Plan conversion

h3 style=”color: #000000;”>Information about this Class action

This class action alleges that the defendants breached their duty of good faith, fiduciary and statutory duties, and were deceitful and negligent in their conduct prior to each class member’s election to transfer from the defined benefit pension plan to the defined contribution pension plan.

Please see the Frequently Asked Questions about the proposed settlement.

Case Name Weldon v. Teck Metals Ltd. et al.
Court Supreme Court of British Columbia
Date Filed July 14, 2009
Class Members All persons, wherever they reside, who are:

  1. salaried, pension-eligible, non-union employees of Teck Metals Ltd., Teck Resources Limited, Cominco Resources International Limited, CESL Limited or Agrium Inc., or
  2. former salaried, pension-eligible, non-union employees of Teck Metals Ltd., Teck Resources Limited, Cominco Resources International Limited, CESL Limited or Agrium Inc.,

who terminated employment, by retirement or otherwise, in such a manner that they would have been entitled to defined pension benefits if they had remained members of the defined benefit pension plan,who elected to move from the defined benefit pension plan to the defined contribution pension plan effective on or about January 1, 1993 including the personal representatives of any who have died and excluding Judy Erickson and Louise Malkin.

Class Counsel David Blair, Victory Square Law Office LLP
Reidar Mogerman, Camp Fiorante Matthews Mogerman

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Teck/Cominco: Cheques Mailed Out

Dear class members:

On October 1, 2015, CFM began mailing out letters and cheques to claimants receiving settlement funds.

More information is on our Teck/Cominco Webpage http://www.cfmlawyers.ca/active-litigation/teck/.

Important Documents

Documents related to the Settlement

Pleadings

Orders and Decisions of the British Columbia Supreme Court

Orders and Decisions of the British Columbia Court of Appeal

For Further Information

Please contact Allison Tremblay