Home Capital Provides Update on Agreement to Settle Class Action Matters
TORONTO, Aug. 21, 2017 : Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced that the Ontario Superior Court of Justice will issue an order approving the previously announced settlement of a class action commenced in February 2017 regarding the Company's disclosure in 2014 and 2015.
Pursuant to the terms of the settlement agreement with the OSC, Home Capital will not be making any further statements on this matter outside of the approval proceedings.
Caution Regarding Forward-looking Statements
This press release contains forward-looking information within the meaning of applicable Canadian securities legislation. Please refer to Home Capital's 2016 Annual Report, available on Home Capital's website at www.homecapital.com, and on the Canadian Securities Administrators' website at www.sedar.com, for Home Capital's Caution Regarding Forward-looking Statements.