Securities LitigationSecurities Litigation Group e-LERT - Another Class Action Certified Against Issuer for MisrepresentationsPublished: 03/21/2011 By Ellen Bessner, Peter Henein, Daniel Waldman A second securities class action under Part XXIII.1 of the Ontario Securities Act (“OSA”) has been certified. These provisions permit secondary market investors to sue based on misrepresentations and untimely disclosure. This decision further expands the duties and obligations of issuers to its investors: Dobbie v. Arctic Glacier Income Fund. Click here to read more.
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