Quebec judge authorizes a class action lawsuit from shareholders against Bombardier Inc., alleging false financial disclosures in 2018, leading to a share price drop.

Quebec judge authorizes a class action lawsuit from shareholders against Bombardier Inc., alleging that the company presented a false financial picture in 2018, leading to a share price drop. The lawsuit accuses then-CEO Alain Bellemare and then-CFO John Di Bert of not making timely disclosures of key facts. Bombardier denies wrongdoing and plans to vigorously defend itself.