Atlas class action

1. The law firms of Sutts, Strosberg LLP, Groia & Company and Koskie Minsky LLP are the lawyers who act for the Class Members in a class action against Atlas Cold Storage Holdings Inc. and others. A copy of the current statement of claim may be viewed here.

2. On July 9, 2008, Justice Lax certified this action as a class proceeding and approved a settlement in the amount of $40 million. The reasons of Justice Lax dated February 12, 2009 may be reviewed here.

3. The judgment certifying the action as a class proceeding and approving the settlement may be viewed here.

4. You are a class member if you purchased or acquired Atlas Trust Units during the period March 1, 2002 and 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. Those who are excluded from the Class are described here.

5. To participate in the settlement, you had to file your Claim Form with the Administrator by March 2, 2009 by or before 5:00 p.m. Toronto time.

6. Class Counsel appealed the fees awarded by Justice Lax in her order of February 12, 2009. The hearing of the appeal is scheduled for July 2, 2009.

7. If you would like to speak to someone about this class action, please call the Claims Administration Help Line at 866.669.6615.

Update: June 9, 2009

IMPORTANT NOTE

This website has been developed to provide general information for class members.

The site is not designed to answer questions about your individual situation or entitlement. Do not rely upon the information provided on this website as legal advice in respect of your individual situation nor use it as a substitute for individual legal advice.

This website will be updated from time to time.