Low Threshold for Leave to Proceed in Claim for Secondary Market Misrepresentation -- On December 14, 2009, the Ontario Superior Court of Justice granted leave for the plaintiffs in Silver et al. v. IMAX Corporation to proceed with a claim under the secondary market disclosure civil liability provisions of the Ontario Securities Act. The court concurrently issued its decision certifying the action as a class proceeding (...)

type Securities and Capital Markets – December 2009