Timely Disclosure

Timely Disclosure

Updates and Commentary on Current issues in M&A, Corporate Finance and Capital Markets

Tag Archives: Ontario Court of Appeal

Ontario Court of Appeal Loosens Restrictions on Securities Class Actions

Posted in Securities, Securities Litigation
When the Ontario Court of Appeal speaks, it sets important policy for the securities industry.  On February 3, 2014, the industry was told that class actions claiming damages for secondary market misrepresentations are rendered easier to commence and continue. In Greene v. Canadian Imperial Bank of Commerce, a rarely assembled five‑member Court Bench overturned the… Continue Reading