The TTC and Manulife have settled their multimillion dollar lawsuit, although terms of the settlement weren't released.
The suit was launched back in 2016, in connection with a widespread benefits fraud.
That's the one that was connected to a orthotics location in Mississauga, called Healthy Fit. In the fraud, TTC employees worked with employees from Healthy Fit to submit false claims, and then split the proceeds.
254 TTC employees were fired or resigned to avoid being fired. Nine people faced charges in connection with the case.
The owner of Healthy Fit was convicted of fraud and sentenced to two years in prison. The company has since shut down.
The TTC was going after Manulife for $5 million, for failing to have proper fraud detection protocols in place.
TTC spokesperson Stuart Green says since 2015, when Healthy Fit shut down as a result of this investigation, the TTC has saved almost $7 million a year in benefits paid for claims on orthotics, orthopedic shoes, compression stockings and leg and arm braces.
In a release, Manulife says they are working to strengthen and invest in our comprehensive fraud program, which includes proactive efforts and prevention .
"Fraudulent claims also impact the cost of providing benefits, which influences what employers can cover, and can hurt employees who are truly in need."