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Ontario court allows U.S. shareholders to pursue both cases

Judge makes ruling

Undertaking doesn't preclude regulator's enforcement action, court finds

Power to award options lies with board, not management

Judge looks at papers

Government should have opened RESPs, RDSPs for kids in its care, suit claims

gifts

Property transferred to an adult child is presumed to be in trust unless proven it was intended as a gift

Investors' reps challenge a ruling over who gets priority in an insolvency

Investor misunderstood difference between advisory and discretionary accounts, court found

Judge makes ruling

Key issue of whether trailer payments were improper to be decided before determining which investors are entitled to damages

Judge looks at papers

B.C. court says case meets criteria and allows plaintiff to revise claim

  • August 1, 2023 August 1, 2023
  • 16:32
Judge's gavel with magnifying glass on black.

Banking sector turmoil, crypto industry facing investor litigation