Investment for Research and Development – Tax Shelter
Class action description
Several people lost large sums by investing in partnerships for research and development. The financial amounts being illegal, in some cases fraudulent, and yet promoted by government.
Group description
Any persons who have concluded an investment contract for the purchase of shares in a partnership.
Chronology
1997 : Action for authorization to institute a class action. The class action is authorized.
The case on the merits has not been heard.