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Canada Securities Litigation Ontario Securities Commission (OSC)

Bennett Jones LLP

Only B.C. Residents Can File Class Actions in British Columbia

Bennett Jones LLP on

In MM Fund v. Excelsior Mining Corp. (MM Fund), the B.C. Court of Appeal upheld a decision striking a plaintiff's certification application because the plaintiff mutual fund was not a resident of British Columbia. Under s....more

Blake, Cassels & Graydon LLP

Double péril à la Commission des valeurs mobilières de l’Ontario?

Dans une série de procédures administratives récentes de la Commission des valeurs mobilières de l’Ontario (la « CVMO »), le personnel de la Mise en application de la CVMO (le « personnel ») a cherché à présenter des...more

Blake, Cassels & Graydon LLP

Double Jeopardy at the Ontario Securities Commission?

In a series of recent Ontario Securities Commission (OSC) administrative proceedings, enforcement staff of the OSC (Staff) have sought to present the allegations against respondents in a manner that would, if accepted,...more

Blake, Cassels & Graydon LLP

“Insider” Trading: Who Is an Insider?

The Ontario Court of Appeal’s decision in Finkelstein v. Ontario Securities Commission clarifies when a recipient of material, non-public information (MNPI) about a public issuer (a “tippee”) may be liable for insider trading...more

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