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March 20, 2018 News

U.S. SUPREME COURT: U.S. FEDERAL COURTS DO NOT HAVE EXCLUSIVE JURISDICTION OVER CERTAIN SECURITIES CLAIMS

March 20, 2018. One of the common arguments advanced by corporate defendants in shareholder litigation in provincial courts has been that the Canadian courts should not exercise their jurisdiction to adjudicate investors’ claims if the securities were purchased on the Nasdaq or NYSE. Often these lawyers will make submissions that […]
February 28, 2018 News

FRAUDSTERS BEWARE: THE ONTARIO SECURITIES COMMISSION WILL SCRUTINIZE WHETHER THE DEFENDANT ADMITS TO ENGAGING IN WRONGFUL CONDUCT IN FOREIGN PROCEEDINGS.

On February 28, 2018, the Commissioner of the Ontario Securities Commission refused to rubber-stamp a settlement from a former chairman, chief executive officer, and president of a publicly traded company, MDC Partners, Inc. The allegations against the former executive were that he improperly received over $10 million for personal expenses […]
February 6, 2018 News

Investors seek certification of their fraud claim against Volkswagen AG

February 6, 2018. Quebec-based investors, represented by Morganti & Co. and Faguy & Co., made submissions to the court to exercise jurisdiction and certify the investor fraud claims against Volkswagen AG. The investors are seeking to represent other similarly situated investors that purchased Volkswagen AG’s securities on European and U.S. […]
February 3, 2018 News

Andrew Morganti hits the Airwaves

February 3, 2018. Wolfgang Klein of HiFi Radio with The Wolf on Bay Street (640 Toronto) invited Andrew Morganti to explain how his Firm helps investors get money back from bad investments against domestic and foreign companies.
January 29, 2018 News

Morganti & Co. is successful in getting claims arising from a private placement certified

January 29, 2018.  The Firm was approached investors in a private placement offered by a small Toronto-based company. They allege that they were mislead as to management’s intention to co-invest and how the funds were going to be used.  Among the claims that were certified, the investors are seeking the […]
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