CANADA - The Canadian Union of Public Employees (CUPE) Ontario has filed a lawsuit against the Ontario Municipal Employees Retirement System (OMERS) and three of its managers who it alleges were unjustly enriched at the expense of pension plan members.
The union is seeking CAN$60m in damages from the three managers, to be returned to the pension fund. The lawsuit, lodged with the Ontario Superior Court of Justice, seeks a declaration that the ...
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