Contributing Authors: Kenneth A. Dekker , Paul Emerson, and Angela Yadav The future of shareholder class actions in Ontario The times are changing for shareholder class actions in Ontario. Last year, the Ontario Superior Court of Justice rendered Canada’s first-ever shareholder class action judgment arising from misrepresentations on an initial public offering (“IPO”) (Kerr v. Danier). Later this year, the Ontario government is expected to proclaim amendments to the Securities Act that will make it easier for investors on the secondary market (i.e. a stock exchange) to sue for corporate misrepresentations. While shareholder class actions have traditionally been largely a ... [more] Full article