Class Action Against Colacem Canada Inc.

MONTRÉAL, Oct. 3, 2018 /CNW/ - Siskinds, Desmeules s.e.n.c.r.l., announced today that on September 19, 2018, a settlement agreement was reached in a class action against Colacem Canada inc. ("Colacem") alleging inter alia neighborhood disturbances. Colacem has denied and continues to deny any misconduct or liability of any kind in relation to the exercise of this class action.

The rights of residents and owners or lessees of a piece of land, an immoveable or a business in the municipalities of Grenville-sur-la-Rouge and Harrington, between June 8, 2008 and January 29, 2015, might be affected.

Under the settlement agreement, an amount of $1,3 million will be paid to resolve these claims, as well as an amount of $135 000 to cover the cost of disbursements incurred by Class Counsel (defined below) in litigating this class action. Colacem has also agreed to pay notice costs and the costs of administering the settlement agreement.

An information meeting about the settlement agreement will take place on Sunday, October 14, 2018, at Harrington Golden Age Center (HGAC), located at 259, Harrington Road, Grenville-sur-la-Rouge, at 1:00 PM.

The settlement agreement is conditional on approval by the Superior Court of Québec. The approval hearing will take place on January 28, 2019, at 9:30 a.m., in room 1.156 of the Montréal Courthouse. At this hearing, Class Counsel will also be asking the Court to approve a protocol for distributing the settlement funds to class members and to approve their legal fees.

If you would like to submit comments on/or object to the proposed settlement agreement or distribution protocol, you must send your written submissions to Class Counsel at the email or mailing address provided below so that they are received on or before January 14, 2019.

For more information and/or to view copies of the proposed settlement agreement and distribution protocol, visit : www.siskinds.com/colacem-canada/.

Class Counsel

SOURCE Siskinds Desmeules s.e.n.c.r.l.

Please contact : Siskinds, Desmeules, s.e.n.c.r.l., 43, rue de Buade, bureau 320, Québec (Québec) G1R 4A2, Tel. : [phone], [email protected]; For media inquiries, please contact Karim Diallo at [phone], [email protected]