Corporate and Securities Disputes Corporate and Securities Disputes

Ontario Court of Appeal provides guidance on the meaning of ‘material change’ under the Securities Act

What constitutes a “material change” requiring disclosure under the Ontario Securities Act? Two companion decisions from the Ontario Court of...

British Columbia Securities Commission levies $1.5 million in sanctions on trio of investment scammers

In December, the British Columbia Securities Commission banned three actors from the capital markets for life after defrauding investors in a battery...

The Superior Court of Québec denies certification of a proposed worldwide securities class action

Osler lawyers review a Québec court decision in which a proposed securities class action was solely based on a short seller report.

Securities Commission confirms statutory confidentiality provisions apply to Staff and witnesses

An Ontario Securities Commission hearing panel recently found that Staff improperly disclosed confidential witness testimony. Does this signal a...

The perils of asserting privilege

Canadian courts — up to and including the Supreme Court of Canada — have confirmed that solicitor-client privilege is a substantive...

The pursuit of protection and deterrence: the OSC finds MFDA panel erred in failing to impose a fine

Last month, the Ontario Securities Commission ruled that a decision of the self-regulating Mutual Fund Dealers Association of Canada regarding...

Québec Financial Market Administrative Tribunal’s long reach

A recent decision by the Court of Appeal of Québec demonstrates the long reach of the Financial Markets Administrative Tribunal (the FMAT).