Shawn Irving Shawn Irving

SFO issues new guidance on corporate cooperation

On August 6, 2019, the U.K.’s Serious Fraud Office (the SFO) – the U.K’s primary enforcement authority for economic crimes –...

Court of Appeal holds that class members similar to regular parties, cannot hide identity

In Amyotrophic Lateral Sclerosis Society of Essex County v Windsor (City), the Court of Appeal for Ontario held that the deemed undertaking rule...

Not all class action settlements will prevent defendants from being sued again

When a settlement of a class action is achieved and approved by the courts, class action defendants expect that the settlement will be final and they...

Apple lawyer charged with insider trading

The recent insider trading case of a former senior lawyer at Apple Inc. serves as a reminder that those tasked with upholding a company’s...

White-collar crime enforcement

While 2018 may not have seen a significant uptick in “on the ground” securities and white-collar enforcement activity.

Recent initial coin offerings settlements show broadening SEC enforcement campaign

A series of recently announced settlements relating to initial coin offerings (ICOs) show the continuing efforts of the U.S. Securities and Exchange...

Fantl v ivari: Defendant required to pay for its preferred notice plan

Once a class action is certified, Ontario’s Class Proceedings Act requires that class members be sent a notice describing, among other things,...

Ontario Securities Commission places mutual fund sales practices under scrutiny again

As part of a recent Settlement Agreement, the Ontario Securities Commission has ordered 1832 Asset Management LP (“1832”), a...

Ontario’s 2018 budget emphasizes expanded consumer and investor protection tools

On March 28, 2018, the Ontario Liberal government released its 2018 budget (the 2018 Budget). As part of a broader emphasis on consumer and investor...

Poison pills under the new bid regime: lessons & questions flowing from Canada’s largest cannabis M&A deal to date

On March 15, 2018, the OSC and the Financial Consumer Affairs Authority of Saskatchewan issued their reasons for the Aurora-CanniMed decision.