R

RBC

RBC has agreed to a proposed $45 million class-action settlement concerning mutual fund fees for Canadians who held funds through discount brokers.

Opening soonCanada-wideClaim deadline: Pending court decisionEstimated payout: Compensation pendingClaims not open yet

About this settlement

Alleged overcharging of mutual fund fees by RBC for customers using discount brokers.

RBC has reached a proposed $45 million class-action settlement that may provide compensation to Canadians who held mutual funds with the bank through discount brokers. The settlement is subject to court approval, and a claims process is expected to follow.

Who qualifies

  • Canadians who held mutual funds with RBC through discount brokers.
  • Exact eligibility criteria will be determined once the claim process opens.

Compensation pending

Claim deadline: Pending court decision

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