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23 May 2023, 9:01 pm by renholding
Moreover, for investors, it can be harder to evaluate a fund than to understand, for example, what a car company does. [read post]
19 May 2023, 6:17 pm by admin
With respect to the potential penalties for civil misleading advertising in Canada, as a result of the recent June 2022 amendments they now include an administrative monetary penalties (essentially civil fines): (i) for individuals up the greater of $750,000 ($1 million for each subsequent order) and three times the value of the benefit derived from the deceptive conduct if that amount can be reasonably determined; and (ii) for corporations up the greater of $10 million… [read post]
The term “knowingly” anticipates a knowledge requirement such that a person who simply submits a false claim to the government without the knowledge of falsity does not violate the act. [read post]
16 May 2023, 1:26 pm by Kevin LaCroix
Discussion This $1 billion settlement, as massive as it is, does not even make the top 10 of the all-time largest securities class action lawsuit settlements. [read post]
The government intends its strategy to reduce fraud by 10% by 2025 and we summarise below the key action points intended to achieve this. [read post]
14 May 2023, 9:01 pm by renholding
On May 1, 2023, the Delaware Court of Chancery addressed an unsettled question under Delaware law—whether a fully informed, uncoerced vote of disinterested stockholders (so-called “Corwin cleansing”[1]) can be applied to defeat claims to enjoin defensive measures under Unocal Corp. v. [read post]
14 May 2023, 7:07 pm
That 1 May 2023 Complaint alleged wrongful termination of the plaintiff, in the course of the explanation of the circumstance of which Mr, Yu alleged as follows:10. [read post]
14 May 2023, 6:56 pm
" The analysis centers political ideology and its formal expression through law, regulation, guidance, and operational supervision (theory does matter in this context, perhaps a lot). [read post]