Third class action over ‘trailing commissions’ certified by Ontario court

By Elizabeth Raymer (September 26, 2022, 4:57 PM EDT) -- A class action against National Bank Investments Inc. (NBI) and Natcan Trust Company has been certified by the Superior Court of Justice of Ontario in respect to allegedly excessive, inflated and/or unearned trailing commissions to discount brokers from the assets of National Bank and NBI Private Portfolio Mutual Fund trusts....