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RBC Settles $45M Mutual Fund Fee Case | Winnipeg News
RBC is settling a $45 million class-action lawsuit over hidden fees charged to customers who held RBC mutual funds through discount brokers — fees allegedly paid even though no investment advice was given. The case, filed in 2018, claims these “trailing commissions” unfairly drained investor returns. While RBC denies wrongdoing, the settlement covers a 21-year period and could resolve years of frustration for investors who felt they were paying for a service they never received. Eligible customers must act by August 18, 2026, to object or claim compensation. Listen in comfort:Get a discount…
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