On Monday, Justice Katherine van Rensburg of the Ontario Superior Court issued landmark rulings in the securities class action against IMAX Corp. The court certified the first securities class action in Canada involving secondary market disclosures, and also certified a global class that will affect investors from other countries.
Full details are available in this post on my Enforcement Action blog over at Compliance Week.
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[...] Securites Docket: Canada: IMAX Securities Litigation Produces Landmark Rulings [...]