Settlement Approval Hearing for Wayland Group Corp. Class Actions

Berger Montague (Canada) PC has announced a Settlement Approval Hearing regarding three shareholder class actions related to Wayland Group Corp. The hearing, scheduled for March 9, 2026, aims to finalize a CAD $8 million proposed settlement with multiple defendants. The agreement excludes previous defendant Benjamin Ward.

The notice is intended for those who acquired Wayland securities on or after December 13, 2017, and held them by August 2, 2019. Affected parties must submit objections or opt-out notices by March 5, 2026. Class Counsel seeks court approval for fees and reimbursement.

All documents, including statements of claims, are accessible via Berger Montague’s website. Interested parties may attend the hearing either in person or virtually to resolve the fairness of the Settlement Amount and Allocation Plan.