Slowdown in Securities
IN THE WAKE OF THE SCC TRILOGY THAT LAID OUT A ROBUST INTERPRETATION OF THE LEAVE STANDARD, THERE’S BEEN A SLOWDOWN IN THE NUMBER OF CANADIAN SECURITIES CLASS ACTIONS
By Julius Melnitzer
There was no shortage of doubters after the Supreme Court of Canada (SCC) released its landmark 2015 trilogy setting the standard that plaintiffs must meet to satisfy the leave threshold for filing secondary market securities class actions.
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