October 13, 2014

Long arm of the misrepresentation tort

A pair of class action rulings set out jurisdiction parameters for Canadian plaintiffs

Shara Roy's article appeared in the October 13, 2014 issue of Lawyers Weekly. The article discussed the decision in Kaynes v BP, PLC, concerning the scope of Ontario's secondary-market misrepresentation provisions of the Securities Act in relation to trades by Canadians on foreign exchanges.

"Recent decisions of the Supreme Court of Canada and the Court of Appeal for Ontario have provided guidance to the class actions bar on who is a proper representative plaintiff and on behalf of whom a class proceeding may be brought..."