News & Events
Court of Appeal Maintains Denial of Leave in Securities Action
January 28, 2016
The most recent decision from the Ontario Court of Appeal on leave in securities class actions, Goldsmith v. National Bank, continues a trend of denying leave. The action had its origin in the demise of Poseidon Concepts in 2013, a publicly-traded energy services company. The defendant in the action, National Bank, was Poseidon’s financial advisor
Practice Area
Class Actions
