RBC Dominion Securities faces class-action lawsuit alleging unpaid vacation

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RBC Dominion Securities faces class-action lawsuit alleging unpaid vacation
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A class action lawsuit alleging unpaid vacation by RBC Dominion Securities. has been allowed to proceed in an Ontario court. Find out more

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“RBC takes the allegations seriously and ensures that everyone who works at any RBC company is fairly compensated and we will be defending ourselves,” the bank told the Financial Post. The proposed class action seeks to include RBC Dominion Securities employees from across Canada except British Columbia and Alberta, which have laws that exclude them from vacation and holiday pay requirements.“The class membership will cover a significant period of time,” David O’Connor, one of the lead class counsels said in an email.

“In Ontario, for example, the ultimate limitation period is 15 years and accordingly, Ontario employees who worked at RBC DS as far back as July 2005 will be included in the class,” O’Connor said.Under relevant provincial legislation, employers are obligated to pay vacation and public holiday pay on all wages earned, including variable income such as commissions.

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