http://www.boursier.com/vals/FR/societe-generale-un-assureur-canadien-reclame-1-mde-a-la-banque-francaise-news-225398.htm
Manulife launches class action vs Societe Generale
TORONTO, March 8 - The mutual fund unit of Manulife Financial (MFC.TO: Quote, Profile, Research) said on Thursday it will proceed with a proposed class action against French bank Societe Generale (SOGN.PA: Quote, Profile, Research), seeking at least C$1.6 billion ($1.36 billion) for its alleged role in a failed Canadian hedge fund.
But Montreal-based unit Societe Generale (Canada) fired back, calling the Canadian insurance company's allegations without merit and saying that "it will vigorously defend itself against these unfounded claims."