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Ontario court approves $117m auditor liability settlement in Sino-Forest class action

McCarthy Tétrault LLP
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Canada
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April 3 2013

On March 20, 2013, Justice Morawetz of the Ontario Superior Court of Justice (ONSC) approved a settlement by Ernst & Young LLP in the Sino-Forest

There is a border in cross-border proceedings: NASDAQ purchasers excluded from Ontario class in IMAX

Bennett Jones LLP
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Canada
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April 2 2013

Those who have been following the progress of the securities class action saga of Silver v. IMAX will be interested to note that another decision in

More than “lip service” to limited liability: personal liability of directors and causation of damages for misrepresentation to investors

McCarthy Tétrault LLP
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Canada
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March 26 2013

Will a director or officer of a corporation or limited liability partnership be personally liable for the losses of investors who relied upon his or

The second opinion: good faith in the shadow of contractual rights

McCarthy Tétrault LLP
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Canada
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March 22 2013

Are parties under a duty of good faith in deciding whether to exercise a right of non-renewal when the term of an evergreen contract comes to an end

U.S. settlement reduces global class in Ontario securities class action

Blake Cassels & Graydon LLP
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Canada
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March 21 2013

In a decision which may be significant for public issuers defending securities class actions in multiple jurisdictions, an Ontario court has held

Class members in Ontario securities action can be bound by settlement of parallel U.S. class proceeding

Osler, Hoskin & Harcourt LLP
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Canada
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March 20 2013

An Ontario court has just released a welcome decision for issuers who may find themselves defending parallel securities class actions in multiple

The U.S. Supreme Court questions fraud-on-the-market

McCarthy Tétrault LLP
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Canada, USA
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March 18 2013

The recent U.S. Supreme Court ruling in the Amgen Inc. v. Connecticut Retirement Plans & Trust Funds, No. 11-1085, 2013 WL 691001 (Feb. 27, 2013

Clock starts with the act of fraud: U.S. Supreme Court confirms five-year limitation period for government enforcement proceedings

McCarthy Tétrault LLP
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Canada, USA
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March 18 2013

The US Supreme Court recently handed the US Securities and Exchange Commission (the "SEC") a very clear message: the act of fraud - not its discovery

Convergence and divergence on securities class actions

Davis LLP
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Canada
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March 14 2013

The class action is a litigation technique that lends itself well to claims by security-holders against issuers. The classes of purchasers of

Proof of materiality not required for certification of securities fraud class actions in the United States

Torys LLP
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Canada
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March 13 2013

On February 27, 2013, the United States Supreme Court issued its highly anticipated decision in Amgen Inc. v. Connecticut Retirement Plans and Trust

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Search results

Ontario court approves $117m auditor liability settlement in Sino-Forest class action

There is a border in cross-border proceedings: NASDAQ purchasers excluded from Ontario class in IMAX

More than “lip service” to limited liability: personal liability of directors and causation of damages for misrepresentation to investors

The second opinion: good faith in the shadow of contractual rights

U.S. settlement reduces global class in Ontario securities class action

Class members in Ontario securities action can be bound by settlement of parallel U.S. class proceeding

The U.S. Supreme Court questions fraud-on-the-market

Clock starts with the act of fraud: U.S. Supreme Court confirms five-year limitation period for government enforcement proceedings

Convergence and divergence on securities class actions

Proof of materiality not required for certification of securities fraud class actions in the United States

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