Mt. Gox Class Action

In early February 2014, the Bitcoin exchange known as Mt. Gox halted all withdrawals of money and bitcoin from its exchange.  Reports circulated that a supposed "computer bug" that had afflicted its servers may have in fact been a several-year long security breach.  The exchange was subsequently shut down and Mt. Gox users have lost millions of dollars worth of cash and bitcoin.

 

Charney Lawyers has commenced a lawsuit against Mt. Gox Inc. and its related entities on behalf of all Canadian users who had money and bitcoin in the Mt. Gox exchange at the time that it shut down.  We are working with Edelson PC who have filed a similar suit in the US on behalf of all Americans.

Click here for a Press Release

UPDATE - September 23, 2014: A judge of the Ontario Superior Court agreed to certify this lawsuit as a class action with respect to a proposed settlement reached between the representative plaintiffs and the defendants Jed McCaleb and Gonzague Gay-Bouchery.

Click here for the Endorsement, dated September 23, 2014

Click here for Press Release dated September 24, 2014

Once the notice of the proposed settlement is approved by the Court and circulated to the class members, the Court will set a date to decide whether to approve the settlement.

Tuesday, March 11, 2014: Judge Feinerman of the US District Court in Chicago issued a temporary restraining order freezing the defendants' assets in the US and expediting discovery.

Click here to view the Temporary Restraining Order

 

Participation

If you are a potential claimant and wish to support the Class Action and be included in our Class Action database, please fill out the form below or email Andrew Eckart directly at andrewe@charneylawyers.com.

There is no financial obligation to register. Once you register we will notify you of all important developments via email. There is no fee unless we recover. See Class Action Fees.

Charney Lawyers is experienced in litigating class actions.

 



IMPORTANT NOTE:

The site is not designed to answer questions about your individual situation or entitlement. Do not rely upon the information provided on this website as legal advice in respect of your individual situation nor use it as substitute for individual legal advice.

The information collected about potential class members will assist counsel in prosecuting the class action and assessing what damages were suffered by the class as a whole. Providing the information requested does not make you the client of Charney Lawyers. The court will ultimately decide who will be included as a class member.

This website will be updated from time to time to provide potential class members with information as it becomes available.

 

 

 

 

 

"I have no difficulty approving this settlement.  I find it fair and reasonable and very much in the best interests of the class members.  I note that class counsel had several meetings with class members and were able to satisfy themselves that the proposed settlement would cover most if not all of the losses sustained.  That is, to say the least, an excellent result.”

 

                   Kennedy et al. v. Toronto Hydro et al.

        (Ted Charney and Andrew Eckart were co-class counsel in the Class Action)

 

"Charney... is unquestionably qualified to act as counsel.”

 

                Ison T Auto Sales v. Zurich Insurance

            [Ontario Court of Appeal, November 25, 2011]

(Ted Charney acted for Ison T Auto Sales i.e. Toronto Honda on the appeal)

 

 

“The Whiting Group Counsel Team consists of 11 law firms from 7 provinces across Canada and includes some of the most experienced class action firms in Canada with a broad range of experience in class actions with particular expertise in product liability class actions and personal injury. Four of these law firms are in Ontario where the action will be based and includes counsel who are very experienced in class action litigation and have the resources and experience to advance this claim in Ontario or on a national scale. This fact favours the Whiting Group.”

Whiting et al v. Menu Foods Income Fund [2007]

(The Charney Group of Lawyers was a member of the Whiting Group and appeared as counsel on the motion to decide carriage)

 

 

“The Settlement Agreement in the case at bar has undergone the court's scrutiny, and it appears to me that in entering into the Settlement Agreement and in seeking certification on consent for settlement purposes, the plaintiffs and the defendants, with the assistance of their legal counsel, have provided the social good of access to justice and adequate compensation in accordance with Canadian law for perhaps thousands of citizens who may have been harmed by the Listeriosis outbreak and who decide not to opt-out of the settlement, which remains the individual choice of class members.”

Bilodeau v. Maple Leaf Foods Inc. [2009]

(The Charney Group of Lawyers represented Ms. Bilodeau for this class action)

 

 

“Although I am not formally required to approve it, I believe it is relevant that, when the risks and expenses of continuing the litigation are considered, the settlement appears to fall well within a zone of reasonableness.”

Yordanes v The Bank of Nova Scotia, December 2006 

(The Charney Group of Lawyers were counsel for Yordanes)