Class Actions / Litigation
Juroviesky and Ricci LLP Files a Class Action Against BMO Bank of Montreal
On consent of the Plaintiffs and the Defendants this action was abandoned without costs. Relevant documents can be viewed here.
Herskovits v. BMO - Issued and Entered Order - December 15 2011 
Herskovits - v. BMO - Full and Final Release - December 20 2011
March 19, 2007
The law offices of Juroviesky and Ricci LLP have filed a class action lawsuit in the Ontario Superior Court of Justice as against BMO Bank of Montreal ("Defendant").
Specifically, persons who have maintained a bank account with Defendant and have (1) made one or more deposits into their bank account at any time between March 19, 2001 and March 19, 2007 AND (2) were not able to access their funds immediately upon such deposit because the Defendant held their funds, may be a Class Member in the above referenced action.
Juroviesky and Ricci LLP are seeking to pursue remedies against the Defendant for common law breach of contract, breach of common law duty/agency, conversion, unjust enrichment, and negligence.
Generally, the statement of claim alleges that the Defendant wrongfully withheld certain of its client's funds on deposit with Defendant for a period of time: (1) in the case of a cheque on deposit, after such cheque clears (as that term is used in the client's terms and conditions with Defendant, as applicable); or (2) in the case of a cheque, wire transfer, or other deposit, after the Defendant had already received payment on such deposit (such payment received from the source or payor financial institution in respect of such deposit).
Note that the detailed statement of claim filed with the Ontario Superior Court of Justice is the result of an extensive and independent investigation conducted by Juroviesky and Ricci LLP. To the knowledge of Juroviesky and Ricci LLP, no other statement of claim has been filed in this matter and no other law firms, as at the time of filing its statement of claim, represent plaintiffs in this litigation.
Because attorneys at Juroviesky and Ricci LLP have conducted a thorough investigation on this matter, they are in a superior position to answer questions about the claims alleged in the statement of claim, and can be contacted to discuss this case through the telephone number and/or e-mail address indicated below.
To be included as a lead or representative plaintiff on this matter, you must meet certain legal requirements. If you would like to join this class action as a lead or representative plaintiff, discuss this action/announcement, or be included in our BMO Bank of Montreal database, please email Juroviesky and Ricci LLP at info@jrclassactions.com. In your email, please indicate 'BMO Hold' in the subject line, and include your full contact information (name, address, phone number, and email address).
More information on this and other class actions can be found on the Juroviesky and Ricci LLP Class Action website at www.jrclassactions.com.
Juroviesky and Ricci LLP
Henry Juroviesky
Tel: 416.481.0718
Fax: 416.481.1792
Email: info@jrclassactions.com