Tag archives: press release

Dismissal of damages claim based on AMF press release announcing filing of market manipulation charges

Photo of Sophie MelchersBy Sophie Melchers on Posted in Other developments
In June 2013, the AMF laid two penal charges against Mr. Forget, the president and CEO of Clemex Technologies, a public company, alleging that he would have manipulated its stock close to five years earlier in 2008. A few weeks later, the AMF published a press release announcing the filing of the charges and specifying … Continue reading

Stop the presses! Canadian securities regulators raise concerns about press releases and other promotional activities

Photo of Katherine PrusinkiewiczBy Katherine Prusinkiewicz on Posted in Other developments, Securities regulatory decisions
The Canadian Securities Administrators (CSA) have issued a notice regarding misleading promotional activities by issuers.  The notice includes examples such as press releases, presentations, social media posts and other marketing materials that provide insufficient or unbalanced information or that include unsubstantiated claims about the issuer. Problematic Promotional Practices Examples of potentially misleading promotional activities identified … Continue reading
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