In June of 2007, lawyers from Roy O'Connor LLP and our co-counsel Sack Goldblatt Mitchell LLP ("SGM") (and now including co-counsel Sotos LLP) launched, on behalf of the plaintiff Dara Fresco, this class action lawsuit against CIBC in respect of unpaid overtime. The action is brought on behalf of current and former non-management, non-unionized employees of CIBC in Canada who are or were tellers or other front-line customer service employees (limited to personal bankers, commercial bankers and account executives, working at CIBC retail branch offices across Canada).
Ms. Fresco's statement of claim alleges that, among other things, CIBC failed to compensate her and the other Class Members for the overtime they were required or permitted to work in excess of their standard working hours. The allegations in the statement of claim have not yet been proven in Court.
Ms. Fresco's action was certified as a class proceeding in June of 2012 and, with the approval of the Ontario Superior Court on March 3, 2023, was settled was for $153 million. For more information about this class action and this settlement please see the settlement website at: