Ontario Court of Appeal Upholds Access to Justice by Clarifying the Limitations Period for Investors to Seek Damages Against Companies

Tuesday Feb 4, 2014 On February 3, 2014, the Ontario Court of Appeal released its decision in three shareholder class proceedings claiming damages under Part XXIII.1 of the Securities Act(1) for misrepresentations alleged to have been made in respect of shares trading in the secondary market. In Green v. CIBC(2) , a specially convened five-judge panel unanimously…

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Law Office of Andrew Morganti, JD, LL.M. announces the filing of a securities manipulation claim against Pretium Resources, Inc

Tuesday, October 29, 2013 The Law Office of Andrew Morganti, JD, LL.M., was retained by a Toronto-based Family Office to lodge an Ontario Securities Act s.138.3 claim against Pretium Resources Inc.  The investor is seeking class action status. The claims alleges that Pretium Resources Inc. and Snowden Mining Industry Consultants Ltd. misrepresented the quality of…

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Ontario Court denies BP, plc’s motion to dismiss for lack of jurisdiction

During the relevant time period, BP plc purposely availed itself to the Ontario Securities Act regime by registering itself to be a “reporting issuer.”  Although BP de-listed its securities from the Toronto Stock Exchange and ceased being a reporting issuer, BP made an expressed commitment to continue to provide its Canadian-based investors with its investor…

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Morganti Legal, P.C. partners up with Morgan & Morgan, P.C. to represent consumers that purchased imported vehicles and paid a destination charge

This lawsuit is brought as a class action against many of the largest transocean shipping companies that ship millions of vehicles that are manufactured overseas and imported into United States.  The claim alleges that since October 2008 the shipping companies engaged in a conspiracy to fix, raise, maintain and/or stabilize prices, and allocate the market…

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Client alleges that Detroit-based Metro International Trade Services LLC manipulated the aluminum market in North America

Michigan-based scrap metal dealership retained Morganti Legal, P.C. to lodge an monopolization claim against Metro International Trade Services LLC for abusing its market power in the warehousing of London Metal Exchange approved brands of aluminum in North America resulting aluminum in the spot market being over priced.  The action is styled as VIVA Railings LLC…

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Andrew Morganti to Lecture at the 2013 Law and Legal Education in the Americas: Comparative Perspectives Conference

University of Detroit Mercy School of Law, University of Windsor, and Tecnologico de Monterrey, partners in international dual law degree programs, are hosting an international legal education conference focused on social justice, professionalism, and cross-border commercial law. Andrew Morganti with guest Luciana Brasil, of Branch MacMasters LLP, are providing their insight on the evolution of…

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Siskinds LLP, Koskie Minsky LLP and the Law Office of Andrew Morganti announce filing of a proposed class action against Atlantic Power Corporation

LONDON, ON and TORONTO /CNW/ – Siskinds LLP, Koskie Minsky LLP and the Law Office of Andrew Morganti today announced the filing in the Ontario Superior Court of Justice of a proposed class action against Atlantic Power Corporation (TSX: “ATP” NYSE: “AT”), and certain of the company’s senior officers. The proposed class includes all persons…

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