Delgrosso v. Jeffery Paul is said to be the first class action in Canada certified against a lawyer. The plaintiff represents a group of over 100 persons who invested their RRSP savings in self-directed mortgage investments through a financial advisor. The financial advisor is alleged to have directed the investors’ funds through various trust companies which retained a single lawyer. The litigation raises a number of novel issues including whether, on the facts of this case, a duty of care was owed by the defendant to the class. Morris Cooper, Barrister and Solicitor, is plaintiffs’ counsel. J.T. Curry of the Toronto office of McCarthy Tétrault is defence counsel.
