In a decision released on October 9, 2019 in DALI Local 675 Pension Fund (Trustees) v. Barrick Gold, 2019 ONSC 4160 (“DALI”) Justice Belobaba of the Ontario Superior Court considered whether investors in a gold mine in Chile could be granted leave to start a class action against prominent Canadian gold company, Barrick Gold, under s.138.8 of the Securities Act. In doing so, the Court not only addressed the test for being granted leave to proceed under with a secondary market investor loss claim under the Securities Act, but also considered for the first time in Canada the distinction between ... [more] Full article