Risk Management and Crisis Response Risk Management and Crisis Response

UK Court holds counsel’s interview notes during internal investigation are not privileged

In a decision released on May 8, 2017, London’s High Court held that interview notes and working papers prepared by a company’s external...

Nearly three years later, Tesco continues to deal with the fallout from its accounting scandal

In September 2014, prominent British retailer Tesco PLC found itself in crisis following its announcement that it had overstated its profit...

Securities and Related Investigations – Canada

We answer a wide range of questions related to the law and practice of securities investigations in Canada.

IIROC’s 2016 enforcement report: Increased activity against individuals

The Investment Industry Regulatory Organization of Canada (“IIROC”) recently published its 2016 Enforcement Report (the...

OSC publishes draft Rules and Practice Guideline for comments

On April 20, 2017, the Ontario Securities Commission (the “OSC”) published draft Rules of Procedure and Forms and a proposed Practice...

CASL’s soon-to-be-enacted private right of action brings risk of class proceedings

On July 1, 2017, the private right of action under Canada’s Anti-Spam Legislation (CASL) will come into force. Largely enacted in January 2014,...

OSC Fines Mutual Fund Manager $1.5 Million in Relation to Prohibited Payments and Gifts Violations

The Ontario Securities Commission has ordered Sentry Investments Inc. (“Sentry”) to pay a $1.5 million administrative penalty for...

DOJ announces extension for its FCPA cooperation pilot program

White collar law enforcers and regulators rely heavily on tips and voluntary reporting to enhance their enforcement capabilities. As discussed...

CSA Releases Annual Enforcement Report

On February 27, 2017, the Canadian Securities Administrators (“CSA”), the umbrella organization of the Canadian provincial capital...

Wal-Mart secures dismissal of New York shareholder lawsuit

Wal-Mart Stores Inc. scored a legal victory on February 27, 2017 by securing the dismissal of one of a series of lawsuits arising from bribery...