Wayland Group Corp. $8 Million Securities Settlement, Claim Deadline Extended to November 30, 2026

Investors who bought or acquired Wayland Group Corp. or Maricann Group Inc. securities during the covered period now have until November 30, 2026, to file a claim in the court-approved CAD $8 million securities class action settlement.

The claim deadline was extended from September 30, 2026, to November 30, 2026, according to a September 29 announcement from Berger Montague (Canada) PC, the court-appointed administrator. 

The settlement covers eligible investors who purchased or otherwise acquired common shares, units or warrants of Wayland Group Corp. or Maricann Group Inc. on or after December 13, 2017, and held some or all of those securities through the close of trading on August 2, 2019. 

The Ontario Superior Court of Justice approved the CAD $8 million settlement on March 19, 2026. The settlement resolves three related securities class actions concerning alleged misrepresentations about Wayland’s business, financial condition, operations and cannabis production facility. The defendants deny wrongdoing and liability. 

Wayland Group Corp. $8 Million Settlement — Quick Facts

Detail	Information
Settlement amount	CAD $8,000,000
New claim deadline	November 30, 2026
Previous deadline	September 30, 2026
Class period	December 13, 2017 – August 2, 2019
Eligible securities	Wayland Group Corp. and Maricann Group Inc. common shares, units and warrants
Who may qualify	Investors who purchased/acquired covered securities during the class period and held some or all through August 2, 2019
Settlement status	Court approved March 19, 2026
Court	Ontario Superior Court of Justice
Judge	Justice Edward Morgan
Administrator	Berger Montague (Canada) PC
Claims platform	Nuvo Claims Inc.
Court file numbers	CV-21-00665194-00CP; CV-22-00687490-00CP; CV-23-00693650-00CP
Individual payout	Not fixed in advance; distribution follows the court-approved Plan of Allocation
Proof of trading	Required as part of the claim process
Claim form	Required

Who Can Claim From the Wayland Group Corp. Securities Settlement?

The settlement class covers people and entities, other than excluded persons, wherever they reside or are domiciled.

You may qualify if you:

• Purchased or otherwise acquired Wayland Group Corp. or Maricann Group Inc. common shares, units or warrants on or after December 13, 2017;
• Held some or all of those securities at the close of trading on August 2, 2019; and
• Are not otherwise excluded under the settlement’s class definition.

The official settlement notice identifies the class period as December 13, 2017, through August 2, 2019. 

This means the settlement is not limited to Canadian residents. The approved notice applies to eligible class members wherever they reside or are domiciled, subject to the exclusions in the settlement documents.

Why Wayland Group Corp. Investors Filed the Securities Class Actions

The three related lawsuits allege that Wayland and other defendants made misrepresentations or failed to disclose material facts concerning the company’s business, operations and financial condition.

The allegations specifically concerned Wayland’s cannabis production facility in Langton, Ontario, as well as statements involving former CEO Benjamin Ward.

The plaintiffs alleged that information released during the December 13, 2017, to August 2, 2019, class period did not accurately reflect material facts about the company’s operations and financial position. 

The defendants denied the allegations and denied wrongdoing or liability. The settlement does not constitute an admission of liability. 

What Are the Three Wayland Group Corp. Securities Lawsuits?

The approved settlement covers three related proceedings in the Ontario Superior Court of Justice.

Wayland Group Corp. Action — CV-21-00665194-00CP

The first proceeding is Marko Stajic, Mordecai Bobrowsky and Kyle Yamamura v. Wayland Group Corp. and Benjamin Ward, Court File No. CV-21-00665194-00CP.

The claims concern alleged misrepresentations involving Wayland’s business, operations, financial status and production facility.

Benjamin Ward was not included in the $8 million settlement.

Stajic v. Langille — CV-22-00687490-00CP

The second proceeding is Marko Stajic v. Scott Langille, Gerhard Muller, Paul Pathak, Eric Silver, Michael Stein and John Does 1-3, Court File No. CV-22-00687490-00CP.

The action concerns alleged securities-law violations related to Wayland’s public disclosures during the class period.

Bordeleau-Tassile v. Canaccord Genuity Corp. — CV-23-00693650-00CP

The third proceeding is Michaël Bordeleau-Tassile v. Canaccord Genuity Corp. and GMP Securities L.P., Court File No. CV-23-00693650-00CP.

GMP Securities is now known as RF Securities Clearing LP.

The three proceedings were brought together for purposes of the settlement. The court certified the proceedings as class actions for settlement purposes before approving the settlement. 

How Much Money Will Wayland Group Corp. Investors Receive?

The total settlement is CAD $8,000,000.

That does not mean every eligible investor receives an equal payment or a predetermined amount per share.

The net settlement amount will be distributed under the court-approved Plan of Allocation after deductions for approved class counsel fees and disbursements, administrator expenses and applicable taxes.

The court approved CAD $2,400,000 in class counsel fees, plus disbursements and taxes. 

The amount an individual investor ultimately receives depends on the Plan of Allocation and the administrator’s determination of the investor’s recognized loss.

How to File a Wayland Group Corp. Settlement Claim by November 30, 2026

Eligible investors who have not already submitted a claim should file before the new November 30, 2026 deadline.

Step 1 — Open the Wayland Group Corp. Official Claims System

Claims are administered by Berger Montague (Canada) PC through the Nuvo Claims platform.

Use the official settlement administrator’s claim system rather than an unrelated website.

Wayland Group Corp. Official Settlement and Claims Page

Step 2 — Check Your Wayland Group Corp. Trading Records

Gather records showing your transactions involving:

• Wayland Group Corp. common shares;
• Maricann Group Inc. common shares;
• Covered units; or
• Covered warrants.

Brokerage statements, trade confirmations and account records may help establish the required transactions.

Step 3 — Complete the Wayland Group Corp. Claim Form

Enter your personal information and transaction history carefully.

The administrator will review the information submitted and determine whether the claim meets the settlement requirements.

Step 4 — Submit the Wayland Group Corp. Claim by November 30, 2026

The administrator’s September 29 announcement states that claims must be submitted on or before November 30, 2026. 

The announcement also says that investors who have already submitted a claim do not need to submit another claim because of the extension. 

Step 5 — Keep Your Wayland Group Corp. Claim Confirmation

Save your claim confirmation, transaction records and any correspondence with the administrator.

If the administrator requests additional information, respond using the contact information provided on the official settlement materials.

What Happened to the Wayland Group Corp. $8 Million Settlement?

The Ontario Superior Court of Justice approved the settlement on March 19, 2026.

The court found the settlement should be approved after reviewing the settlement agreement and related materials. The approved settlement provides for CAD $8 million to resolve claims against the settling defendants. 

The settlement was reached after years of litigation involving the three related proceedings.

The settlement defendants did not admit liability or wrongdoing.

What Happened to Former Wayland Group Corp. CEO Benjamin Ward?

Benjamin Ward is not part of the CAD $8 million settlement.

The litigation against Ward proceeded separately.

On March 26, 2026, the Ontario Superior Court issued a decision granting leave to proceed under Part XXIII.1 of the Ontario Securities Act, certifying the action as a class proceeding against Ward and entering a $53,616,189 default judgment against him.

That judgment is separate from the CAD $8 million settlement.

The settlement administrator’s notice also makes clear that the $8 million settlement concerns the settling defendants and does not include Ward.

Wayland Group Corp. Securities Settlement — Key Dates

Event	Date
Class period begins	December 13, 2017
Class period ends	August 2, 2019
Wayland files for creditor protection	December 2, 2019
Wayland Action filed	2021
Stajic Action filed	2022
Bordeleau-Tassile Action filed	2023
Settlement agreement	January 22, 2026
Class certification and settlement notice approved	February 4, 2026
Settlement approved	March 19, 2026
Separate default judgment against Benjamin Ward	March 26, 2026
Original claim deadline	August 20, 2026
First extended claim deadline	September 30, 2026
Current claim deadline	November 30, 2026

The September 29, 2026 administrator announcement is the source for the current extension from September 30 to November 30. 

Wayland Group Corp. Settlement Frequently Asked Questions

When is the Wayland Group Corp. settlement claim deadline?

The current deadline is November 30, 2026. Berger Montague announced the extension on September 29, 2026. 

How much is the Wayland Group Corp. settlement?

The court-approved settlement amount is CAD $8,000,000. The amount an individual investor receives is not fixed in advance and depends on the court-approved allocation process. 

Who qualifies for the Wayland Group Corp. settlement?

Eligible class members generally include people and entities, other than excluded persons, who purchased or acquired Wayland Group Corp. or Maricann Group Inc. common shares, units or warrants on or after December 13, 2017, and held some or all of those securities at the close of trading on August 2, 2019. 

Do Wayland Group Corp. investors outside Canada qualify?

Potentially, yes. The settlement class is defined to cover eligible persons and entities wherever they reside or are domiciled, subject to the settlement’s exclusions.

Do Wayland Group Corp. investors have to file a claim?

Yes. Eligible class members must submit a completed claim form to participate in the settlement distribution.

What if a Wayland Group Corp. investor already filed a claim?

The September 29 administrator announcement says investors who have already submitted a claim do not need to do anything because of the deadline extension.

What happens if a Wayland Group Corp. investor misses November 30, 2026?

The administrator states that a class member must submit a claim by November 30, 2026 to participate in the settlement and that a person who does not submit a claim by that date will not receive compensation from the settlement. 

Is the Wayland Group Corp. $8 million settlement the same as Benjamin Ward’s $53 million judgment?

No. The CAD $8 million settlement resolves claims against the settling defendants. The $53,616,189 default judgment against Benjamin Ward was entered separately on March 26, 2026.

Where can Wayland Group Corp. investors submit a claim?

Claims are administered through Berger Montague (Canada) PC and its Nuvo Claims system. The official administrator page contains the claim materials and submission system.

Submit a Wayland Group Corp. Settlement Claim

Related AllAboutLawyer Coverage of Securities Settlements

For readers following other investor settlements, AllAboutLawyer also covers:

SunPower’s Former Executives Hid a Looming Bankruptcy. Investors Can Now Claim Their Losses.

That article covers a separate securities settlement involving SunPower investors and is unrelated to the Wayland litigation.

Sources for the Wayland Group Corp. Securities Settlement

• Ontario Superior Court of Justice, Stajic v. Wayland Group Corp., 2026 ONSC 647, Court Files CV-21-00665194-00CP, CV-22-00687490-00CP and CV-23-00693650-00CP. (Minicounsel)
• Ontario Superior Court of Justice, Stajic v. Wayland Group Corp., 2026 ONSC 1680, approving the CAD $8 million settlement on March 19, 2026. (Minicounsel)
• Nuvo Claims, official Wayland Group Corp. settlement notice and claim information. (Nuvo Claims)
• Berger Montague (Canada) PC, September 29, 2026 announcement extending the claim deadline to November 30, 2026. (Newswire)
• Ontario Superior Court of Justice, Stajic v. Wayland Group Corp. et al., 2026 ONSC 1707, concerning the separate judgment against Benjamin Ward. (Minicounsel)

Author: Israr Ahmad, Legal Content Researcher

Disclaimer: This article is for informational purposes only and does not constitute legal advice or create an attorney-client relationship. Settlement terms, eligibility and claim requirements are controlled by the official court documents and settlement materials.