Alleged scheme raised $30 million from investors between 2011 and 2015
Baazov alleges the AMF was “abusive” and “malicious” in accusations filed against him in 2016
Average U.S. securities class action settlements jumped from $18.7 million in 2017 to $64.9 in 2018
Supreme Court makes decision in Henson trust case
Former rep failed to cooperate with an IIROC investigation because of fairness concerns
Divisions of RBC, BMO and National Bank named in proposed class actions
Report highlights an uptick in litigation against firms in the technology sector
The court sided with the clients, ruling that there was “no overriding or palpable error” in the motions judge’s decision
Question of whether Industrial Alliance reps are employees or contractors punted back to Tax Court
The panel found that contracts that were marketed as a tax-planning vehicle amounted to securities