Michael Beeforth

Court Confirms That S. 130 Of The Ontario Securities Act Applies Only To Primary Market Purchasers

In the recent decision of Tucci v. Smart Technologies Inc. (2013 ONSC 802), Justice Perell confirmed that the statutory cause of action for misrepresentation in a prospectus (set out in s. 130(1) of the Ontario Securities...more

2/22/2013 - Class Action IPO Misrepresentation Ontario Securities Act Primary Market Purchasers Prospectus Rescission Secondary Markets Section 130 Securities