Morganti Legal: Amendments to the Claim in the Class Action Against Guestlogix Inc.

TORONTO--()--Morganti Legal announces that the Superior Court of Ontario has approved amendments to the Statement of Claim in the putative class action on behalf of shareholders of Guestlogix Inc. (TSX: “GXI”) (Tacnière v. Guestlogix Inc. et al. (CV-16-545118-00CP)) that have the effect of shortening the Class Period for claims brought pursuant to the Ontario Securities Act. The new Class Period is from and including June 8, 2015, to and including November 12, 2015.

Morganti Legal further announces that the claim against National Bank Financial, Inc. has been dismissed. As such, National Bank Financial, Inc. is no longer a defendant in the class proceeding.

If you purchased securities of Guestlogix Inc. during the period of March 24, 2014 to, and including, June 7, 2015, there is no longer a class proceeding protecting your rights under the Ontario Securities Act.

Investors who purchased securities of Guestlogix Inc. on or after March 24, 2014, but before June 8, 2015, and who held some or all of those securities at the close of trading on November 12, 2015, continue to have their rights protected under this putative class action pursuant to the common law.

For further information, please contact Andrew Morganti at (647) 344-1900 or amorganti@morgantilegal.com.

Morganti Legal is comprised of experienced securities lawyers that investigate, litigate and resolve economic and financial disputes. You may learn more about Morganti Legal at www.morgantilegal.com.

This press release is being issued pursuant to a court order.

Contacts

Morganti Legal
Andrew Morganti, 647-344-1900
info@morgantilegal.com

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