Allegation

MFDA Hearing Panel makes findings of misconduct and imposes sanctions against Ken Derksen

Retrieved on: 
Friday, December 9, 2022

TORONTO, Dec. 9, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Ken David Derksen (the "Respondent") by Notice of Hearing dated May 6, 2022 (the "Notice of Hearing").

Key Points: 
  • TORONTO, Dec. 9, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Ken David Derksen (the "Respondent") by Notice of Hearing dated May 6, 2022 (the "Notice of Hearing").
  • A disciplinary hearing in this proceeding was held electronically by videoconference on December7, 2022 before a three-member Hearing Panel of the MFDA's Pacific Regional Council.
  • A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca .
  • During the period described in the Notice of Hearing, the Respondent carried on business in the Victoria, British Columbia area.

MFDA announces disciplinary proceeding in respect of Brent Polischuk

Retrieved on: 
Wednesday, June 8, 2022

TORONTO, June 8, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Brent Michael Polischuk (the "Respondent").

Key Points: 
  • TORONTO, June 8, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Brent Michael Polischuk (the "Respondent").
  • Allegation #2: On or about March 11, 2020, the Respondent made false or misleading statements to the Member during the course of its investigation into his conduct, contrary to MFDA Rule 2.1.1.
  • Allegation #3: Commencing approximately June 16, 2020, the Respondent failed to cooperate with an investigation by MFDA Staff into his conduct, contrary to section 22.1 of MFDA By-law No.
  • A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca .

MFDA announces disciplinary proceeding in respect of Ken Derksen

Retrieved on: 
Thursday, June 2, 2022

TORONTO, June 2, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Ken David Derksen (the "Respondent").

Key Points: 
  • TORONTO, June 2, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Ken David Derksen (the "Respondent").
  • Allegation #3: Commencing in June 2020, the Respondent failed to cooperate with an investigation by MFDA Staff into his conduct, contrary to section 22.1 of MFDA By-Law No.
  • A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca .
  • During the period described in the Notice of Hearing, the Respondentcarried on business in the Victoria, British Columbia area.

LAWSUIT FILED: Stable Road Acquisition Corp. (SRAC) Sued for Securities Fraud; for Violation of the Federal Securities Laws; Investors Should Contact Block & Leviton for More Information

Retrieved on: 
Wednesday, August 4, 2021

The Complaint alleges that Defendants misrepresented and concealed material facts about Stable Road's acquisition target, Momentus, a company that purports to operate in the commercial space industry.

Key Points: 
  • The Complaint alleges that Defendants misrepresented and concealed material facts about Stable Road's acquisition target, Momentus, a company that purports to operate in the commercial space industry.
  • Moreover, the Complaint alleges that Defendants misrepresented and concealed the shoddy due diligence Stable Road conducted on Momentus.
  • These disclosures caused the price of Stable Road securities to decline sharply, injuring investors.
  • We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Array Technologies, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, July 10, 2021

Investors have until July 13, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until July 13, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • As a result of the foregoing, the Company's positive statements about its business and operations lacked a reasonable basis.
  • For example, in a Barclays report, analysts downgraded Array stock from "Overweight" to "Underweight" noting concerns about volumes, margins, and earnings power.
  • The complaint alleges that, during the Class Period, defendants made materially false and misleading statements regarding the Companys business.

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Frequency, Inc. (FREQ)

Retrieved on: 
Friday, June 4, 2021

The Complaint alleges that Frequency and CEO Lucchino misled investors about the Phase 2a study of FX-322.

Key Points: 
  • The Complaint alleges that Frequency and CEO Lucchino misled investors about the Phase 2a study of FX-322.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq.
  • of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected] .

3D Systems Corporation Investors: Last Days to Participate Actively in the Class Action Lawsuit

Retrieved on: 
Tuesday, May 25, 2021

Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.

Key Points: 
  • Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.
  • The lawsuit alleges that throughout the Class Period defendants made misleading and/or false statements and/or failed to disclose that: (1) 3D Systems lacked the proper internal controls over financial reporting; and (2) 3D Systems public statements were materially false and/or misleading at all relevant times, as a result.
  • A class action lawsuit has already been filed.
  • If you wish to serve as lead plaintiff, you must move the Court no later than June 8, 2021.

Last Chance to Actively Participate in Root, Inc. (ROOT) Class Action and Lead Plaintiff Deadline: May 18, 2021 - Bronstein, Gewirtz & Grossman, LLC

Retrieved on: 
Friday, May 14, 2021

The complaint continues to allege that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company\'s business, operations, and compliance policies.

Key Points: 
  • The complaint continues to allege that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company\'s business, operations, and compliance policies.
  • or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • If you suffered a loss in Root you have until May 18, 2021 to request that the Court appoint you as lead plaintiff.
  • Your ability to share in any recovery doesn\'t require that you serve as a lead plaintiff.\nBronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.

Last Chance for Shareholders with Losses Exceeding $300K to Actively Participate in Root, Inc. (ROOT) Class Action and Lead Plaintiff Deadline: May 18, 2021 - Bronstein, Gewirtz & Grossman, LLC

Retrieved on: 
Friday, May 14, 2021

The complaint continues to allege that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company\'s business, operations, and compliance policies.

Key Points: 
  • The complaint continues to allege that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company\'s business, operations, and compliance policies.
  • or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • If you suffered a loss in Root you have until May 18, 2021 to request that the Court appoint you as lead plaintiff.
  • Your ability to share in any recovery doesn\'t require that you serve as a lead plaintiff.\nBronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.

ROOT Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Root, Inc. Shareholders of Class Action and Lead Plaintiff Deadline: May 18, 2021

Retrieved on: 
Monday, May 10, 2021

The complaint continues to allege that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company\'s business, operations, and compliance policies.

Key Points: 
  • The complaint continues to allege that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company\'s business, operations, and compliance policies.
  • or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • If you suffered a loss in Root you have until May 18, 2021 to request that the Court appoint you as lead plaintiff.
  • Your ability to share in any recovery doesn\'t require that you serve as a lead plaintiff.\nBronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.