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Morganti Legal Initiates Ontario Shareholder Litigation against Volkswagen Aktiengesellschaft
TORONTO–(BUSINESS WIRE)–Morganti Legal, P.C., a cross border shareholders’ rights law firm, has commenced a shareholder lawsuit against Volkswagen AG (“VW”) for publishing investor documents containing misrepresentations of material fact about its business operations between March 12, 2009 and September 18, 2015. The lawsuit alleges that VW published core and non-core investor documents with misrepresentations about is…
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Material Updates: Canadian Shareholder Litigation Against BP p.l.c.
Morganti Legal, a shareholder rights law firm, responds to questions from Canadian-based investors about the ongoing shareholder litigation in Canada concerning BP, p.l.c. (herein after “BP”) (XETRA: BPE5, LSE:BP.L, and NYSE:BP.N). The BP shareholder litigation arises from the April 20, 2010 explosion of BP’s Deepwater Horizon in the Gulf of Mexico resulting in massive environmental…
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BP Investors Return to Ontario Court Seeking the Access to Justice that was Denied Internationally
On March 3, 2016, the Plaintiff, on behalf of the Class of Canadian-based BP investors that purchased BP’s securities between May 9, 2007 and May 28, 2010, filed a motion to remove the stay of proceedings instituted by the Ontario Court of Appeal on August 14, 2014. The stay of proceedings was initially issued on…
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Morganti Legal Has Relocated
Morganti Legal is proud to announce that as of February 24, 2016, the Firm has relocated to our new head office at One Yonge Street in downtown Toronto. Also home to the Toronto Star and the Liquor Control Board of Ontario (“LCBO”), one Yonge street marks the beginning of what was once provincial Highway 11, which…
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SHAREHOLDER ALERT: Barkerville Gold Mines’ 2012 Technical Report Found to be Substandard
TORONTO – Morganti Legal, a cross-border law firm focused on representing investors, has commenced an investigation into potential violations of the securities laws by Barkerville Gold Mines Ltd. (TSX Venture: “BGM” and CUSIP: 067642; Frankfurt: IWUB). On June 28, 2012, Barkerville Gold published a press release announcing a NI 43-101 compliant, indicated resource estimate for…
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Andrew Morganti Speaks to The Bar Association of San Francisco
On Wednesday, January 27, 2016 Andrew Morganti will be a speaker at The Bar Association of San Francisco’s panel entitled International Recovery Strategies for Foreign Investments, Post-Morrison. Mr. Morganti and other notable speakers from around the United States and Europe will discuss recent developments in the expansion of collective actions outside the United States, the…
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SHAREHOLDER ALERT: Shareholder has filed a lawsuit against Nobilis Health Corp.
Morganti Legal, a cross-border law firm focused on representing investors, announces that a putative class action has been commenced on behalf of all investors who purchased shares of Nobilis Health Corp. (TSX: “NHC” and FRA: “NH1”) during the period from and including March 23, 2015 to and including October 9, 2015. A shareholder of Nobils…
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SHAREHOLDER ALERT: GuestLogix Inc. announces an internal investigation of its financial statements
TORONTO, Dec. 22, 2015 /CNW/ – Morganti Legal, a cross-border law firm focused on representing investors, has commenced an investigation into potential violations of the securities laws by GuestLogix Inc. (TSX: “GXI” and CUSIP: 40163P) and MNP LLP, its auditor. On December 16, 2015, GuestLogix published a press release revealing that an internal review had found that the Company…
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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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German Shareholders Must be Appreciated!
Andrew Morganti speaks to German media regarding shareholder rights:
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Competition Act claim alleges that Canadians are being overcharged for prescription drugs
Morganti Legal and McKenzie Lake Lawyers LLP, are representing Canadian pharmacies and consumers that allege that Pfizer Canada Inc abused the Canadian patent system in order to obtain exclusive rights in Canada to sell the pharmaceutical drug pregabalin sold under the trade name Lyrica. Pfizer’s activities resulted in it enjoying 100% of the Canadian market…