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November 15, 2023 Current Cases

Berger Montague (Canada) PC invites Investors to discuss their legal rights about investing in Li-Cycle Holdings Corp.

(November 15, 2023). Berger Montague (Canada) PC, a Toronto-based law firm that focuses on representing investors in cross-border shareholder disputes, is investigating Li-Cycle Holdings Corp. (“LICY” or Company”).  LICY is an Ontario company that is based in Toronto, Ontario, lists its securities on the New York Stock Exchange with the […]
August 31, 2023 Cases

Another Canadian Cannabis company offers millions to resolve shareholder class action

(August 30, 2023). We are pleased to announce that the Ontario Superior Court of Justice (the “Court”) has scheduled a hearing to be held on November 14, 2023 the “Settlement Approval Hearing”) to approve a settlement among in Daniel Relvas v. Auxly Cannabis Group Inc., bearing Court File No. CV-19-00617136-00CP (the “Action”). Background The Action was […]
August 1, 2023 News

Berger Montague (Canada) PC adds Senior Associate Litigator

(August 1, 2023). Vincent DeMarco has joined Berger Montague (Canada) PC as a Senior Associate. Prior to joining the firm, Vincent practiced commercial litigation, including disputes relating to securities, contracts, corporate governance, bankruptcy, civil fraud, defamation, real estate, and obtaining injunctive relief. Vincent previously worked in the Toronto office of […]
June 24, 2023 News

Another Cannabis Company smokes its investors: Restatement, Stock Drop, while Insiders get rich

(June 23, 2023) On May 10, 2023, Canopy Growth Corp. announced that it had discovered material errors with its accounting practices as it related to its BioSteel Sports Nutrition Inc. (“BioSteel”): “material misstatements… sales in the BioSteel business unit… timing of revenue recognition… material weaknesses in internal controls over financial […]
May 30, 2023 Cases

Court of Appeals provides Investors are provided guidance as to how to recover money from dishonest companies

(May 24, 2023) The Ontario Court of Appeal (Simmons, Benotto and Favreau JJ.A.) released a long waited decision in Markowich v. Lundin Mining Corporation concerning the interpretation and application of a “material change” within the Securities Act and when a responsible issuer must make disclosure of the material change. This […]
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