The Ontario government has handed Canadian investors a powerful new
remedy in respect of misrepresentations in secondary market
disclosure. Recently proclaimed amendments to the Securities
Act (Ontario), which come into force on December 31, 2005,
will allow investors to sue for misrepresentations in an
issuer's public disclosure record.
Update
Civil Liability For Secondary Market Disclosure
September 26, 2005
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For informational purposes only
This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.
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