Shareholders have yet to reach a settlement with underwriting syndicate
McLean management retains 45% of the firm
Dealers discuss social media policies at IIAC conference
Investor alleges breach of contract and negligence against two brokerages
IIROC loses portable device that contains date on 52,000 brokerage firm clients
Disparity between Canada and U.S. firms reflects differences in domestic equity markets, other factors
BMO Nesbitt Burns loses bid to strike out advisors’ claims in statement of defence
New data from the IIAC point out that operating costs are hurting smaller firms much more acutely than larger ones
Capital shortfall leads to suspension by IIROC
Stable industry profits mask deep stress on individual firms