The Ontario Superior Court of Justice has upheld ICICI Bank of Canada’s decision to terminate the employment an assistant vice-president for cause after he shared confidential information with two competitors …
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FeaturedJust CauseRecommended
Federal Court upholds firing of RBC investment planner who manipulated client transactions to gain nearly $100,000 in unearned compensation
The Federal Court has upheld an adjudicator’s decision that the Royal Bank of Canada (RBC) had cause to dismiss a long-serving worker for misconduct related to unauthorized transactions. JM, an …
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FeaturedWrongful Dismissal
Former BMO Nesbitt Burns advisor awarded 24 months’ notice, but no bad-faith damages and no compensation for book of business
A former investment advisor at BMO Nesbitt Burns has been awarded 24 months’ notice but the Ontario Superior Court of Justice declined to award damages for the loss of opportunity …
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Workplace Legislation/Press Releases
Ontario Superior Court of Justice certifies class action lawsuit against RBC Dominion Securities for claimed vacation and holiday pay compensation violations
By Cavalluzzo LLP RBC Dominion Securities Inc., a subsidiary of the Royal Bank of Canada, and one of Canada’s leading full-service investment and wealth management firms, is facing a now certified class action lawsuit, claiming damages for allegedly unpaid vacation and holiday pay …
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RBC was justified in disclosing personal information about a former financial advisor, without her knowledge or consent, to further an investigation by her new employer, the Federal Court has ruled. …
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FeaturedSexual HarassmentWrongful Dismissal
B.C. court says wrongful dismissal case involving RBC manager should be tried in Hong Kong
The Supreme Court of British Columbia has ruled that a court in Hong Kong is a more appropriate venue for a wrongful dismissal case against the Royal Bank of Canada. …