Siskinds LLP and Strosberg Wingfield Sasso LLP announce filing of a proposed shareholder class action seeking compensation for investors in goeasy Ltd. (TSX: GSY)

Executive Summary

• Siskinds LLP and Strosberg Wingfield Sasso LLP have filed a proposed shareholder class action against goeasy Ltd., its auditor Ernst & Young LLP, and certain officers and directors.
• The lawsuit alleges misrepresentations in goeasy’s public disclosures that led to a significant decline in the company’s share price after corrections were made.
• The action seeks monetary compensation for investors who purchased goeasy shares between May 9 2023 and March 10 2026.

Key Details

• Filing Date & Venue: Action commenced on March 12 2026 in Toronto, Ontario.
• Defendants: goeasy Ltd., Ernst & Young LLP, and specified goeasy officers and directors.
• Class Definition: Investors who bought goeasy shares on the secondary market from May 9 2023 (the date of goeasy’s Q1 2023 results release) through March 10 2026 (date of goeasy’s “Financial and Operational Update Ahead of its Fourth Quarter Earnings Release”).
• Allegations: Misrepresentations in public disclosures; after corrections, goeasy’s share price fell sharply, causing losses to the class members.
• Relief Sought: Monetary compensation for investment losses suffered by the defined class members.
• Class Counsel Contact Information: Interested parties can submit information via the websites of Siskinds LLP or Strosberg Wingfield Sasso LLP; no obligations are incurred by doing so.

Notable Quotes

(No direct quotes from company executives were provided in the release.)