CONCORDIA CLASS ACTION
1. The law firm of Strosberg Sasso Sutts LLP is counsel in a class action commenced in the Ontario Superior Court of Justice against Concordia International Corp. and Concordia Healthcare (Canada) Limited (“Concordia”), and two of its officers and directors. Strosberg Sasso Sutts LLP is working cooperatively with counsel in Québec who has commenced a similar action on behalf of residents of Québec. The plaintiffs alleged that the defendants made misrepresentations and omissions of material facts relating to Concordia’s business practices in public filings and statements.
2. The parties reached a settlement that was approved by the Courts in Ontario and Québec. The defendants will pay USD $13,900,000 in full and final settlement of all claims.
3. The deadline to submit a claim form has now passed.
4. Please continue to monitor the Administrator’s website (www.concordiasettlement.com) for updates on the administration and distribution of the settlement. If you have any questions regarding compensation, please call the Administrator at 1-877-400-1211.
5. If you have any further questions, please call Strosberg Sasso Sutts LLP at 1.800.229.5323, extension 296.