The Supreme Court affirms the “low threshold” to proceed with statutory shareholder claims, and advises on the proper interpretation of the limitations period

On December 4, 2015, the Supreme Court of Canada published its long-awaited decision in Canadian Imperial Bank of Commerce v. Green, 2015 SCC 60 (hereafter “CIBC”).   The Court affirmed and clarifed the threshold for investors to advance statutory claims against publicly traded companies as articulated in the lower courts.  Additionally, the Court clarified how the…

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Shareholder Alert: Morganti Legal and Faguy & Co. Announce Class Action Lawsuit Against Valeant Pharmaceuticals International Inc. (VRX)

Morganti Legal (Toronto) and Faguy & Co. (Montreal), announce that on Monday, October 26, 2015, they issued a class action claim in Quebec on behalf of all investors that purchased the securities of Valeant Pharmaceuticals International Inc. listed on the Toronto Stock Exchange and the Swiss Stock Exchange.  (TSX and SIX: “VRX”). Investors who purchased shares of Valeant…

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Andrew Morganti Lectures at University of Michigan Law

Cy Moscow, partner of leading Detroit-based law firm Honigman Miller Schwartz & Cohn LLP and adjunct professor at University of Michigan School of Law, has once again invited Andrew Morganti to lecture to the third-year law students in his advanced securities regulations course on the topic of shareholders’ rights litigation from the perspective of the…

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Shareholder Alert: Morganti Legal Announces Investigation of Valeant Pharmaceuticals International Inc. (VRX)

TORONTO, Oct. 23, 2015 /CNW/ – Morganti Legal, a cross-border law firm focused on representing investors, has commenced an investigation into potential violations of securities laws by Valeant Pharmaceuticals International Inc. (TSX and NYSE: “VRX”) in respect of allegations that Valeant may have released materially misleading business information to the investing public including potentially inflating revenues by…

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Morganti Legal: Canadian Shareholder Files A Lawsuit Against MDC Partners Inc.

TORONTO–(BUSINESS WIRE)–Morganti Legal, announces that investors have filed a shareholder lawsuit against MDC Partners (TSX: “MDZ.A” and NASDAQ: “MDCA”, CUSIP 552697), Miles Nadal, Michael Sabatino, David Doft, and BDO USA, LLP for publishing press release containing alleged Misrepresentations and failing to disclose Material Facts about its business operations and finances between November 5, 2013 and…

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Canadian Hedge Fund Researcher Sues Silvercorp Over False Imprisonment in China

A researcher for a Canadian hedge fund manager who claimed that ore estimates at a Chinese Mine owned by Silvercorp Metals were overstated and misrepresented has filed a lawsuit accusing the mining company of conspiring with Chinese authorities to have him arrested and detained. Kun Huang was stopped at the Bejing airport by Chinese authorities in…

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Morganti Legal, P.C.: Canadian Shareholder Files A Lawsuit Against Allied Nevada Gold Corporation

TORONTO–(BUSINESS WIRE)–Morganti Legal, P.C., announces that investors have filed a shareholder lawsuit against Allied Nevada Gold Corporation (TSX: “AVN”) for publishing press release containing alleged Misrepresentations and failing to disclose Material Facts about its business operations concerning its Lewis Leach Pad between January 18, 2013 and August 5, 2013. The investors’ mining expert has been…

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Shareholders allege that Detour Gold Corporation made Misrepresentations

Morganti Legal, P.C., (May 12, 2014) announces that investors have filed a shareholder lawsuit against Detour Gold Corporation (“Detour Gold” or the “Company”) (TSX: “DGC”) for publishing press releases containing alleged misrepresentations and failing to disclose Material Facts about its business operations between April 9, 2013 and November 7, 2013. The investors’ mining experts have…

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