Supreme Court of Canada holds HSBC responsible in largest ever damages award
The Supreme Court of Canada in April upheld the largest exemplary damages ever awarded in Quebec - the $2.5-million Household Finance Corp. was ordered to reimburse 25,000 credit-card holders over late-payment fees after the company lost a Quebec Superior Court class civil suit in May 2003. The lead plaintiff in that case was Brault & Martineau customer Lynda Gagné, who signed two contracts with the store on its buy now and pay later plan.
The article was published on October 20, 2007 in the Montreal Gazette. (see more)
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[…] Supreme Court of Canada holds HSBC responsible in largest ever damages award The Supreme Court of Canada in April upheld the largest exemplary damages ever awarded in Quebec - the $2.5-million Household Finance Corp. was ordered to reimburse 25,000 credit-card holders over late-payment fees after the company lost a Quebec Superior Court class civil suit in May 2003. The lead… […]