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Rocks, stocks, and two smoking rulings: Court dismisses motion for leave and declines to certify securities class action

Canada - June 14 2022 In a recent decision, the Ontario Superior Court dismissed a motion for leave to bring a secondary market misrepresentation claim and declined to…

Karin Sachar

Court of Appeal opens door for negligence claims against investment funds

Canada - June 25 2020 In its recent securities class action decision in Wright v. Horizons ETFs Management (Canada) Inc., 2020 ONCA 337, the Court of Appeal for Ontario…

Kevin O’Brien

COVID-19 and financial distress: How directors can prepare

Canada - April 17 2020 The COVID-19 crisis has shaken even the most well-grounded organizations. Companies are navigating the uncharted waters of a global pandemic…

Andrew MacDougall, Mary Paterson, Marc Wasserman

Déjà vu all over again: SEC lays fraud charges against former Portus co-founder Boaz Manor

Canada, USA - January 31 2020 Boaz Manor - the co-founder of the failed investment manager Portus Alternative Asset Management Inc. (“Portus”) - finds himself…

Shawn Irving, Lawrence E. Ritchie

No cutting class: OCA confirms that individual class members cannot appeal settlement orders

Canada - November 14 2019 The Ontario Court of Appeal has confirmed that class members in a class action do not have a right to appeal a settlement approval order under the…

Craig Lockwood