Gillian Dingle and Colette Koopman co-author article on material changes in the Securities Act

Practice group leader for Torys’ Litigation department and co-head of the firm’s Securities Defence practice Gillian Dingle has co-authored an article for the Class Action Defence Quarterly with associate Colette Koopman. The piece is titled “A more generous approach to ‘material changes’ under the Securities Act” and an excerpt from it can be found below:

The Ontario Court of Appeal’s recent decision in Markowich v. Lundin Mining Corporation, provides a fresh analysis of what constitutes a material change under the Ontario Securities Act. In a unanimous decision, in the context of a motion for leave under the Securities Act and for certification under the Class Proceedings Act, the Court of Appeal rejected the lower court’s more narrow interpretation and instead adopted a broader and “more generous” approach that focuses on the context and facts of each case.

Access the full article here.

You can read more about our Securities Litigation work on our practice page.

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