Risk Management and Crisis Response Risk Management and Crisis Response

OSC Fines Mutual Fund Manager $1.5 Million in Relation to Prohibited Payments and Gifts Violations

The Ontario Securities Commission has ordered Sentry Investments Inc. (“Sentry”) to pay a $1.5 million administrative penalty for...

DOJ announces extension for its FCPA cooperation pilot program

White collar law enforcers and regulators rely heavily on tips and voluntary reporting to enhance their enforcement capabilities. As discussed...

CSA Releases Annual Enforcement Report

On February 27, 2017, the Canadian Securities Administrators (“CSA”), the umbrella organization of the Canadian provincial capital...

Wal-Mart secures dismissal of New York shareholder lawsuit

Wal-Mart Stores Inc. scored a legal victory on February 27, 2017 by securing the dismissal of one of a series of lawsuits arising from bribery...

OSC Panel To Consider Livent Co-Founder Drabinsky’s Sanction

Having already served his time following a fraud conviction over 5 years ago, a panel of the Ontario Securities Commission will ultimately have to...

Alberta Securities Commission considering whistleblower program with no financial rewards

The Alberta Securities Commission recently announced its three-year Strategic Plan, which is targeted at “reacting to Alberta’s changing...

Ontario Court Acquits Former SNC-Lavalin Executives in Foreign Corruption Case

In a significant setback to the enforcement of foreign corrupt practices in Canada, three individuals – including two former SNC-Lavalin...

DOJ enters into non-prosecution agreement with Las Vegas Sands Corporation over alleged FCPA violations

Deferred or non-prosecution agreements are not a feature of the Canadian enforcement landscape, but are used effectively in a number of other...

Ignored Employee Turns Key Source in Proceedings Brought Against Former Hedge Fund Bosses

Former Visium Asset Management LP trader, Jason Thorell’s cooperation with the SEC Whistleblower Program and other US federal agencies has...

Significant insider trading cases on both sides of the border

The first week of December 2016 has proven to be a big one for pursuers of alleged insider traders on both sides of the border. On December 2,...