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Trust misdirected at CIBC
[ONT Edition]
Toronto Star - Toronto, Ont.
Author: Roseman, Ellen
Date: Dec 1, 2004
Start Page: C.02
Section: Business
Abstract (Document Summary)

Owner Wade Peer alleged the faxes from CIBC branches tied up his telephone lines, leading to the company's demise. He sued for losses of $3 million

Now running scrapyards in Maryland and West Virginia, Peer told reporters he was still receiving confidential documents at his 1- 877 number, as late as last week. One came from an Edmonton branch of CIBC and another from an Ottawa branch.

CIBC, I know you're taking this seriously now. You've told your branches to stop sending internal faxes with client information. And you will reimburse clients for any losses from errant faxes.

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