Shawn Irving Shawn Irving

When Should Corporations Disclose Regulatory Enforcement?

A Delaware judge dismissed a lawsuit on May 16 by Wal-Mart Stores Inc. shareholders who had alleged the corporation’s management had covered up...

Ontario Securities Commission narrows private party standing for public interest applications in contested transactions: The Corus Entertainment decision

In the Matter of the Catalyst Capital Group Inc. and In the Matter of Corus Entertainment Inc., the OSC determined not to grant standing to The...

Canadian Securities Administrators Release 2015 Enforcement Report

Each year the Canadian Securities Administrators (“CSA”), an umbrella organization of Canada’s provincial and territorial securities...

Accurately Recording Statements of the Court: A Cautionary Tale

Justice Perell of the Ontario Superior Court was recently given pause in the midst of a certification motion in Davidson v Canada (Attorney General)...

US Supreme Court Agrees to Hear Challenge to Salman Insider Trading Decision

The U.S. Supreme Court has agreed to hear the challenge to the Ninth Circuit Court of Appeal’s decision in United States v. Salman, a case that...

Lawyer as Gatekeeper: Ending up on the wrong side of the law

There were plenty of headlines in 2015 for Martin Shkreli, the 32-year old former CEO of Turing Pharmaceuticals, who eventually became known as the...

Sanctions Ordered in Finkelstein/Azeff Insider Trading and Tipping Decision

On August 24, 2015, the Ontario Securities Commission (“OSC”) released its long awaited Reasons and Decision on Sanctions and Costs in the...