Share on LinkedInShare on LinkedIn

ARTICLE · 12 MAY 2016

10 Tips For Navigating A Securities Class Action

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
Contributor
Blake, Cassels & Graydon LLP

Blake, Cassels & Graydon LLP

As one of Canada’s top business law firms, Blake, Cassels & Graydon LLP (Blakes) provides...

View firm profile
Explore more from Blake, Cassels & Graydon LLP

Plaintiffs' counsel have been trying to bring underwriters, bankers, auditors and other advisers into securities class actions as defendants, particularly where an issuer is unlikely to be able to satisfy a judgment.

CanadaCorporate/Commercial Law
  1. Not Just for Issuers Anymore

    Plaintiffs' counsel have been trying to bring underwriters, bankers, auditors and other advisers into securities class actions as defendants, particularly where an issuer is unlikely to be able to satisfy a judgment. Plaintiffs often seek to add advisers after the action has been commenced. Monitoring new actions will give advisers advance notice of where they might be at risk of being added as defendants.
  2. Start Early

    While securities class actions may result from sudden and unforeseen events, these are in the minority. The time to start thinking about defending a securities class action is when you first recognize that it may be necessary to disclose information that could be seen as "bad news" by the market.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from