News & Events
Martinrea International
July 17, 2014
This is a shareholder class action alleging statutory and common law misrepresentation against Martinrea International Inc. and seven of its senior officers and directors. It alleges the defendants made misleading statements about: i) Martinrea’s net revenue and losses during the class period; ii) Martinrea’s earnings and net income during the class period; ii) Martinrea’s institution
Barrick Gold Corporation
April 24, 2014
The law firms of Koskie Minsky LLP, Sutts, Strosberg LLP, Siskinds LLP and Groia & Company Professional Corporation are counsel in a class action against Barrick Gold Corporation (“Barrick”) and a number of its officers and directors. The claim is on behalf of all persons, other than certain persons associated with the defendants, who acquired Barrick securities during the
Atlantic Power Corporation
April 2, 2013
This is a shareholder class action that alleges, among other things, Atlantic Power Corporation and certain of the company’s senior officers failed to disclose adverse information about the re-contracting progress of long-term power purchase agreements, failed to disclose the company’s declining profitability, misrepresented the sustainability of the company’s cash available for distribution and misrepresented the
Kinross Gold Corporation
March 16, 2012
This shareholder class action was commenced on March 12, 2012. It concerns allegations that the public filings of Kinross Gold Corporation contained false and misleading statements about Kinross’s Tasiast mine in West Africa. The plaintiffs allege that Kinross made a number of positive statements regarding the Tasiast mine from February 16, 2011 and leading up
Celestica Inc. (2005-2007 Restructuring)
November 2, 2011
This is a shareholder class action alleging that the public filings of Celestica Inc. contained misleading statements about Celestica’s restructuring from January 2005 to January 2007. It alleges the shareholders suffered damages as the shares traded at an inflated price during this time and dropped significantly when Celestica revealed the true state of its restructuring.
Teranet Income Fund and Teranet Holdings Limited Partnership
July 25, 2011
This class proceeding relates to a take-over of Teranet Income Fund and Teranet Holdings Limited Partnership in the Fall of 2008. The plaintiff alleges the acquiring companies, Borealis Infrastructure Management Inc. and Borealis Acquisition Corporation [now Teranet Inc.], wrongly reduced the offer price from $11.00 to $10.25 per unit during the course of the take-over