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 return of their capital plus interest and the costs of the litigation.  “My client is very pleased that within less than one year of issuing the claim the causes of action have been certified.”