Norbourg Asset Management Inc. – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Thu, 14 Dec 2017 16:59:47 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Norbourg Asset Management Inc. – Investment Executive https://www.investmentexecutive.com 32 32 Former Norbourg execs get eight years each in $115 million fraud case https://www.investmentexecutive.com/news/from-the-regulators/former-norbourg-execs-get-eight-years-each-in-115-million-fraud-case/ Sun, 02 Oct 2011 20:10:00 +0000 https://www.investmentexecutive.com/uncategorized/former-norbourg-execs-get-eight-years-each-in-115-million-fraud-case/ Jean Cholette and Serge Beugre were each found guilty last March of more than 100 charges

The post Former Norbourg execs get eight years each in $115 million fraud case appeared first on Investment Executive.

]]> Quebec plans consultations on compensation for victims of financial fraud https://www.investmentexecutive.com/news/from-the-regulators/quebec-plans-consultations-on-compensation-for-victims-of-financial-fraud/ Sun, 23 Jan 2011 15:13:00 +0000 https://www.investmentexecutive.com/uncategorized/quebec-plans-consultations-on-compensation-for-victims-of-financial-fraud/ Finance minister worried that a universal compensation fund would impose additional burden on investors

The post Quebec plans consultations on compensation for victims of financial fraud appeared first on Investment Executive.

]]> Norbourg class action settlement will pay additional $55 million https://www.investmentexecutive.com/news/from-the-regulators/norbourg-class-action-settlement-will-pay-additional-55-million/ Wed, 19 Jan 2011 21:20:00 +0000 https://www.investmentexecutive.com/uncategorized/norbourg-class-action-settlement-will-pay-additional-55-million/ Agreement in principle reached, regulator says

The post Norbourg class action settlement will pay additional $55 million appeared first on Investment Executive.

]]> Supreme Court asked to rule on consecutive sentences for fraudsters https://www.investmentexecutive.com/news/from-the-regulators/supreme-court-asked-to-rule-on-consecutive-sentences-for-fraudsters/ Tue, 20 Oct 2009 21:25:00 +0000 https://www.investmentexecutive.com/uncategorized/supreme-court-asked-to-rule-on-consecutive-sentences-for-fraudsters/ AMF won’t appeal the five-year sentence handed down to ex-Norbourg CEO

The post Supreme Court asked to rule on consecutive sentences for fraudsters appeared first on Investment Executive.

]]> Lacroix sentenced to 13 years in prison for fraud https://www.investmentexecutive.com/news/from-the-regulators/lacroix-sentenced-to-13-years-in-prison-for-fraud/ Mon, 12 Oct 2009 16:32:00 +0000 https://www.investmentexecutive.com/uncategorized/lacroix-sentenced-to-13-years-in-prison-for-fraud/ Ex-Norbourg CEO already serving five years for securities violations

The post Lacroix sentenced to 13 years in prison for fraud appeared first on Investment Executive.

]]> Ex-Norbourg CEO pleads guilty to fraud https://www.investmentexecutive.com/news/from-the-regulators/ex-norbourg-ceo-pleads-guilty-to-fraud/ Mon, 21 Sep 2009 18:38:00 +0000 https://www.investmentexecutive.com/uncategorized/ex-norbourg-ceo-pleads-guilty-to-fraud/ Trial for co-accused to continue

The post Ex-Norbourg CEO pleads guilty to fraud appeared first on Investment Executive.

]]> Quebec court OKs appeal of reduced sentence for former Norbourg CEO https://www.investmentexecutive.com/news/from-the-regulators/quebec-court-oks-appeal-of-reduced-sentence-for-former-norbourg-ceo/ Thu, 14 Aug 2008 14:50:00 +0000 https://www.investmentexecutive.com/uncategorized/quebec-court-oks-appeal-of-reduced-sentence-for-former-norbourg-ceo/ The Quebec Court of Appeal has approved a request from Quebec’s securities regulator to appeal the reduced fraud sentence of former Norbourg head Vincent Lacroix.The hearing before the appeal court justices will take place on December18.Written arguments from the Autorité des marchés financiers (AMF) are to be submitted by October 17 and lawyers for Lacroix, […]

The post Quebec court OKs appeal of reduced sentence for former Norbourg CEO appeared first on Investment Executive.

]]> AMF to appeal reduced sentence for Norbourg founder https://www.investmentexecutive.com/news/from-the-regulators/amf-to-appeal-reduced-sentence-for-norbourg-founder/ Sun, 10 Aug 2008 20:40:00 +0000 https://www.investmentexecutive.com/uncategorized/amf-to-appeal-reduced-sentence-for-norbourg-founder/ The Autorité des marchés financiers says it is seeking to appeal the court decision reducing the sentence imposed on the founder of failed mutual fund firm Norbourg by 42 months.On Dec.11, 2007, Judge Claude Leblond found Norbourg founder, Vincent Lacroix, guilty on the 51 charges brought against him by the AMF on March 9, 2006. […]

The post AMF to appeal reduced sentence for Norbourg founder appeared first on Investment Executive.

]]> AMF might appeal reduced sentence for Norbourg founder https://www.investmentexecutive.com/news/from-the-regulators/amf-might-appeal-reduced-sentence-for-norbourg-founder/ Wed, 09 Jul 2008 19:45:00 +0000 https://www.investmentexecutive.com/uncategorized/amf-might-appeal-reduced-sentence-for-norbourg-founder/ Sentence against Lacroix trimmed to 8 1/2 years

The post AMF might appeal reduced sentence for Norbourg founder appeared first on Investment Executive.

]]> Quebec regulator seeks cash from people in Norbourg case https://www.investmentexecutive.com/news/from-the-regulators/quebec-regulator-seeks-cash-from-people-in-norbourg-case/ Tue, 08 Jul 2008 20:10:00 +0000 https://www.investmentexecutive.com/uncategorized/quebec-regulator-seeks-cash-from-people-in-norbourg-case/ AMF looking to recover $32 million

The post Quebec regulator seeks cash from people in Norbourg case appeared first on Investment Executive.

]]>