OSC entitled to receive $20,000 in costs from failed settlement appeal
The proposed suit concerns the sale and administration of universal life insurance policies by Metropolitan Life Insurance Co. between 1983 and 1998
Bank acted as underwriter of cease-traded firm
NERA reports there were nine new securities class actions filed in Canada last year, down from a record 15 in 2011
Governments allege rating agency engaged in a scheme to defraud investors
Filings related to M&A decline substantially
Court denies appeal as group seeks to certify risk management class action suit
Former math teacher’s failed IPP transaction flawed from the outset
Formal statement on board’s decision to be filed later
Settlements and dismissals have dropped to record lows as legal changes lead to a slowdown in resolutions