Securities

Buying a business part 2

Closing the deal on the purchase of your new business is just half the job, Edmonton corporate commercial lawyer Kirk Goodman tells AdvocateDaily.com. Read more

Do I need a securities lawyer?

Small business owners who bring on new partners or investors without consulting a securities lawyer are putting themselves at risk, says Edmonton corporate commercial lawyer Kirk Goodman. Read more

OSC whistleblower policy not a game changer: Radnoff

It would be optimistic to call the Ontario Securities Commission’s (OSC) new whistleblower program a ‘game-changer’ with respect to its role in preventing fraud, and the regulator could arguably be allocating its resources to more effective initiatives, Toronto commercial litigator and appellate counsel Brian Radnoff tells BNN . Read more

Supreme Court rules on securities class action limitations

By Brian Radnoff . In Canadian Imperial Bank of Commerce v. Green, 2015 SCC 60 ( Green ), the Supreme Court of Canada (SCC) ruled on the limitation periods for securities class actions regarding secondary market misrepresentation, an issue that had received inconsistent treatment at the Ontario Court of Appeal. Read more

Gender diversity report highlights chicken-and-egg problem

The results of a recent gender equality survey of public issuers highlights the circular problem with finding meritorious board members, says Toronto civil litigator Patricia Virc. Read more

TSX-listed companies must disclose number of female executives

In an effort to increase the number of women on boards and in other high-ranking positions, as of Jan. 1 Ontario public companies listed on the Toronto Stock Exchange (TSX) will now have to disclose the number of women on their boards of directors and in executive officer positions, CTV News reports. Read more

OSC decision shows severity of penalties for illegal insider trading

Financial and professional sanctions imposed by the Ontario Securities Commission in a recent illegal insider trading case demonstrate how seriously regulators take these violations, even when relatively small amounts of money are involved, says Toronto commercial litigation lawyer William Pepall. Read more

Class action decision clarifies rules on overlapping plaintiffs

“When class actions are proceeding in the U.S. and Canada, there is likely to be overlap in the class members in these types of actions. Where the action brought in one jurisdiction settles, defendants need to know to which class members the settlement applies. Settlement of class actions will be fostered when the defendants know that a settlement definitely applies to certain class members, and that those class members cannot continue what is essentially the same claim for the same losses in another jurisdiction,” he explains. Read more

Dip in securities class actions not a surprise

It is not surprising that there were fewer securities class actions filed in Canada in 2012, says Toronto litigator Brian Radnoff. Read more