Shawn Irving Shawn Irving

Mandatory new Canadian data breach obligations expected to take effect in 2018

Strict new Canadian security breach notification requirements are expected to be finalized and come into force during 2018. The requirements will...

Corporate whistleblower rewarded pursuant to the False Claims Act

Sanofi-Aventis has been rewarded $38.7 million for its role as a whistleblower in a settlement between another major pharmaceutical company and the...

Court of Appeal provides guidance on aggregate damages for loss of chance

Can damages be awarded on a class-wide basis for a lost opportunity to negotiate a better deal? If so, how will courts quantify the aggregate damages...

New corporate criminal liability in the UK for “failure to prevent” tax evasion and other economic crimes: How will it affect Canadian businesses?

The accountability of corporate entities for financial wrongdoing is a hot topic for the UK Government right now, particularly in the wake of a...

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...

Securities enforcement: Regulators’ enforcement capabilities continue to grow

With the new tools recently given to securities regulators in Ontario and Québec to help combat capital market abuses, regulators are hoping for...

No need for a “Plain Jane Plaintiff”: Pre-Certification Discovery and Challenging the Representative Plaintiff

Just how “representative” should a representative plaintiff be? That question was at the heart of a pre-certification discovery motion in...

Ontario Court of Appeal Emphasizes Access to Justice over Concerns regarding Individual Issues

The Ontario Court of Appeal in Fantl v. Transamerica Life Canada dismissed an appeal of a Divisional Court ruling, confirming the certification of an...

The Long-Awaited OSC Whistleblower Program Is Now In Force

On July 14, 2016, the Ontario Securities Commission (the “OSC”) broke ground in Canada when it officially launched its widely anticipated Office...

OSC Announces Launch Date for its Whistleblower Program

In a much-anticipated announcement, the Ontario Securities Commission said on June 16th that it will officially launch its rewards-based...