(December 13, 2018). Since January 31, 2017, Colt Resources, Inc.’s (“Colt”) securities have not traded and the Company has intentionally avoided its continuous disclosure obligations. Indeed, its investors have been in the dark only learning of material facts concerning Colt’s assets being abandoned, forfeited, lost, and sold. Prior to going to trial the plaintiff investor (a/k/a,…
Read More(December 13, 2018). Aggrieved investors are able to seek recovery for their investment losses from bad investments under certain circumstances. Morganti & Co. offers its legal services to represent aggrieved investors in seeking damages from directors and officers of companies that mislead investors. The legal services are provided on a contingency fee basis and the Firm…
Read More(December 1, 2018). Morganti & Co., P.C., is pleased to announce that it has relocated to 21 St. Clair Street East, Suite 1102, Toronto, Ontario M4T 1L9. The space reaches approximately 3,000 sq. ft. and is in the process of being transferred into a technologically advanced legal hub. During 2018, Morganti & Co. settled three…
Read More(September 4, 2018). Comity. The legal principle that political entities (such as states, nations, or courts from different jurisdictions) will mutually recognize each other’s legislative, executive, and judicial acts. The underlying notion is that different jurisdictions will reciprocate each other’s judgments out of deference, mutuality, and respect. (Cornell Law Legal Definition). In Animal Science Products, Inc.,…
Read More(August 10, 2018). Morganti & Co., reminds European-based investors that Morganti & Co., is the European retail-investor shareholders’ North American law firm. With extensive contacts in United States, Caribbean, Central America, and Europe, Morganti & Co., will be in England, Germany, Netherlands, and Panama prior to year-end meeting with clients and lawyers. Andrew Morganti will…
Read More(August 11, 2018). Morganti & Co has received several inquiries from investors as to when companies must disclose internal investigation. The following note is our Firm’s general approach. Question: When does a reporting issue have the affirmative duty to disclose internal investigations? The answer of this question should commence with examining whether the internal investigation…
Read More(July 15, 2018). Dear Savvy Reader: Before you read any further, please look at the five (5) year chart for Concordia International Corp. (TSX: “CXR”). The Company’s shares were trading over $100 and are now under $1.00. This securities class action arises out of Concordia’s failure to disclose adverse material facts as well as misrepresentations…
Read MoreJune 1, 2018. Ian Liverovich has joined Morganti & Co., P.C. as an associate. His focus will be representing institutional and retail investors in claims relating to cross-border commodity, financial market, and securities manipulation. Ian previously worked in Washington, D.C. and articled at DLA Piper (Canada) LLP. INVESTORS’ RIGHTS AGAINST FRAUDSTERS HAVE BEEN UPHELD. June…
Read MoreMay 29, 2018. Morganti & Co teamed up Faguy & Cie (Montreal) to advance a shareholders’ claims against Volkswagen Aktiengesellschaft (“VWAG”). The claim alleges, see the VWAG’s guilty plea filed in the U.S. Federal District Court for the Eastern District of Michigan, that VWAG engaged in a global fraud concerning certain of its diesel engines…
Read MoreMAY 1, 2018. Albert Pelletier has joined Morganti & Co., P.C. as a principal. Albert has over two decades of professional experience between the Canadian securities industry and practice of law. He has worked as an Investment Advisor at Nesbitt Burns while in business school and graduated with distinction from McGill University Law School with…
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