Co-conspirators Daniel Potter and Blois Colpitts used multiple manipulative techniques to prop up the firm’s share price
Former president and CEO Daniel Potter and lawyer Blois Colpitts were found guilty in March
The company and several of its top executives defrauded investors and misled investigators in one of Canada’s largest corporate fraud cases
Ontario regulator issues warning to consumers
Harold Backer sentenced to 13 months in jail
The BCSC had sought court approval to appoint a receiver to administer a claims process for funds the regulator had frozen
The case highlights the lack of governance requirements for mutual funds that distribute securities in the exempt market
Clayton Smith engaged in fraud, regulator alleges
The allegations relate to the sale of more than $5.5 million worth of securities in Rockfort Mortgage Investment Corp. and Greenview Capital Mortgage Investment Corp
Data breaches and concerns over online privacy are creating new risks for Canadian businesses