RBC's former CEO, Gordon Nixon, has filed a lawsuit against Larry Summers, a renowned economist. The suit is reportedly related to a surge in the VIX index, which measures market volatility. According to reports, Nixon claims that Summers' comments on the matter contributed to the sudden rise in the VIX.

Source: https://www.bloomberg.com/news/audio/2024-08-09/rbc-s-former-ceo-sues-summers-probe-vix-surge-more