Court approves $25M counsel fee after class action against CIBC settled, declines request for $44M

By Anosha Khan (June 12, 2023, 5:10 PM EDT) -- The Ontario Superior Court of Justice has approved a $25-million fee awarded to counsel after a class action against CIBC for unpaid overtime work was settled at $153 million. While counsel requested $44 million, the amount was not found to be appropriate in the circumstances....