Laura Paglia  

Partner

Executive Summary

Laura Paglia is the Regional Co-lead of Borden Ladner Gervais' Securities Litigation and Regulatory Group. Laura has practiced in securities law and regulatory matters throughout her legal career.

Laura's practice encompasses the representation of numerous full service and discount investment dealers, mutual fund dealers, futures dealers, investment funds, underwriters, private funds, investment banks, introducing and clearing firms, investment advisors, portfolio managers, compliance professionals, research analysts, directors and officers, industry associations and other market participants.

Laura provides ongoing legal advice on compliance, regulatory and securities industry issues as well as representation in civil proceedings and a variety of regulatory proceedings and investigations conducted by provincial securities commissions, the Investment Industry Regulatory Organization of Canada, the Mutual Fund Dealers Association of Canada and other regulatory bodies, the Crown and federal criminal authorities.

Laura's practice includes disputes in respect of various alleged securities law breaches, shareholder right litigation, mergers and acquisition/take-over bid litigation and directors' and officers' liability.

Laura provides various in-house training programs for various market participants and is a frequent speaker on and written contributor to topical securities issues.

Representative Work

Laura has been involved in representing numerous market participants including investment dealers, mutual fund and futures dealers and individual registrants in multiple matters regarding:

  • The defence of civil proceedings, regulatory investigations and enforcement proceedings involving matters such as the Universal Market Integrity Rules, alternative trading systems and other trade desk issues including deceptive and manipulative trading, insider trading, material non-disclosure, misrepresentation, suitability of retail investments, discretionary or unauthorized trading, new product offerings, product due diligence including issues surrounding private equity or prospectus-exempt investments, variable insurance products, research, investment banking and underwriting activities, outside business activities, anti-money laundering, fitness for registration and other liability for alleged misconduct.
  • The defence of investigations and enforcement proceedings before provincial securities commissions, the Investment Industry Regulatory Organization of Canada, the Mutual Funds Dealers' Association and other regulatory tribunals.
  • The conduct of internal investigations by dealers on varied compliance related issues.
  • Commercial arbitrations and other civil proceedings regarding disputes in respect of introducer/carrier broker and prime brokerage agreements.
  • Ongoing advice in respect of unregistered and outside business activities by market participants including Ponzi schemes, "pump and dump", anti-money laundering, and other fraudulent schemes subject to criminal investigation.
  • Ongoing advice on all issues arising from both retail and institutional client complaints including the involvement of the Ombudsman for Banking Services and Investments ("OBSI").
  • Ongoing advice on a wide range of compliance issues which include the development and review of operational and supervisory policy and procedures.

Publications & Presentations

Rankings & Recognitions

  • ​Selected by peers for inclusion in the 2018 edition (and since 2013) of The Best Lawyers in Canada® (Corporate and Commercial Litigation).
  • Recognized in the 2016 and 2015 edition of Benchmark Litigation - The Definitive Guide to Canada's Leading Litigation Firms & Attorneys as a "Future Star: Ontario."
  • Recognized in the 2015 edition (and since 2012) of The Canadian Legal Lexpert® Directory (Repeatedly recommended in Litigation – Securities).