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Blog Post | Timely Disclosure

Ontario Court of Appeal Loosens Restrictions on Securities Class Actions

Fasken
Reading Time 1 minute read

Overview

When the Ontario Court of Appeal speaks, it sets important policy for the securities industry.  On February 3, 2014, the industry was told that class actions claiming damages for secondary market misrepresentations are rendered easier to commence and continue. In Greene v. Canadian Imperial Bank of Commerce, a rarely assembled five‑member Court Bench overturned the... Continue Reading

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