CIBC & Renaissance Mutual Funds Discount Broker Settlement ($26M)
Filed against CIBC
People who used CIBC often qualify for 25 more open settlements
Estimated combined payout: up to $870
- PACER record fees $125M class action settlement
- CIBC · CIBC & Renaissance Mutual Funds $11M Settlement (Canada) — C$32 for Former Fund Holders
- Settlement
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About This Settlement
$26M settlement resolving claims that CIBC and CIBC Trust paid trailing commissions to discount brokers that give no advice. Separate from the non-discount-broker $11M CIBC settlement already in the DB. Who is eligible: Anyone, wherever resident, who held units of a CIBC or Renaissance mutual fund through a discount broker (e.g. BMO InvestorLine, TD Direct Investing, RBC Direct Investing, CIBC Investor's Edge, Scotia iTRADE, NBDB) between Sept 18, 2003 and Jan 25, 2024.
How to File Your Claim
- 1Verify your eligibility
Review the settlement details above to confirm you meet the criteria.
- 2Visit the official claim form
Always file through the official settlement administrator website.
- 3Submit before the deadline
You must file by October 21, 2026. Late claims are not accepted.
Frequently Asked Questions
How much can I get from the CIBC settlement?
Per-person payout amounts have not been published yet. Check the official settlement page for updates.
What is the deadline to file a claim?
The claim deadline is October 21, 2026. Claims submitted after this date will not be accepted.
Do I need proof to file a claim?
Yes, you may need to provide supporting documentation such as receipts or account records.
How do I file my claim?
Visit the official settlement administrator website to submit your claim. Always verify you are on the correct site before entering personal information.
Who is eligible for this settlement?
This settlement is available to eligible consumers in the Canada. Check the official settlement notice for detailed eligibility criteria.
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