In Reasons released on September 26 in Badeesha v. Cronos Group Inc., the Court of Appeal for Ontario unanimously overturned a decision refusing to grant leave to proceed with a misrepresentation class action against a cannabis company under Part XXIII.1 of the Securities Act. In doing so, the Court of Appeal found that the Superior Court judge below had erred in characterizing the proposed class action as involving 7,449 misrepresentations and in requiring the plaintiff to show that each of these separate misrepresentations materially contributed to a loss in share price during the relevant period in order to obtain leave ... [more] Full article