Proposed Class Action Against Global Learning Group Inc. for “Sham” Charitable Donation Tax Scheme

Newswire posted: October 16, 2017

The law firms of Waddell Phillips Professional Corporation and Landy Marr Kats LLP today announced the commencement of a proposed $800 million class action lawsuit against Global Learning Group Inc. (GLGI), and other individuals and entities involved in the development, structuring, creation, promotion and operation of the Global Learning Gifting Initiative Charitable Donation Program (the Gift Program), a complex leveraged charitable donation tax scheme that operated from 2004 to 2014. As well as GLGI, the defendants include several law firms and accounting firms and the promoters of the Gift Program. The proposed class action is brought on behalf of Canadian taxpayers who participated in the Gift Program, excluding the defendants, their affiliates and those who sold the Gift Program.

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