On May 28, 2018, and after the issue had been reported in the media, BMO Bank of Montreal announced that in early 2018, cybercriminals accessed the personal information of approximately 110,000 users of its banking services.
This personal information included users’ names, dates of birth, social insurance numbers, bank account numbers, credit and debit card numbers, and other important identifying information. In some instances, this personal information was made public; it is not known at this time what use has been made of this stolen personal information.
Melissa Mallette - represented by Siskinds LLP, Sotos LLP and Jensen Shawa Solomon Duguid Hawkes LLP - commenced a proposed class action against BMO, in Ontario, on behalf of all clients of BMO whose personal information was accessed in the early 2018 event. The Statement of Claim alleges that BMO breached contractual and statutory obligations it owed to class members.
The opt-out deadline for this class action has now passed.
(June 18, 2021) - The settlement has been approved by the Quebec Superior Court. The Quebec Court's reasons can be found here.
(April 20, 2021) - The Ontario Superior Court of Justice approved the settlement with BMO. The Court’s reasons can be found here. The proposed settlement with BMO is also subject to the approval of the Quebec Superior Court, which will be heard on May 31, 2021.
What Happens Next?
*ATTENTION*
(September 23, 2021) - The distribution of compensation is in its early stages. For more information on the status of the distribution process, please visit www.bmosettlement.ca. The website will outline the status for each group within the class action.
(May 3, 2021) - Please check this page for updates on timing of distribution of the settlement funds, which is estimated to take place within approximately six months. You will hear directly from the bank about payments.
For more information contact the responsible person(s) listed below or email classactions@jssbarristers.ca