Home | Databases | WorldLII | Search | Feedback Edited Legal Collections Data

Puri, Poonam --- "Securities class actions in Canada: ten years later" [2018] ELECD 1132; in Griffith, Sean; Erickson, Jessica; Webber, H. David; Winship, Verity (eds), "Research Handbook on Representative Shareholder Litigation" (Edward Elgar Publishing, 2018) 482

Book Title: Research Handbook on Representative Shareholder Litigation

Editor(s): Griffith, Sean; Erickson, Jessica; Webber, H. David; Winship, Verity

Publisher: Edward Elgar Publishing

ISBN: 9781786435330

Section: Chapter 27

Section Title: Securities class actions in Canada: ten years later

Author(s): Puri, Poonam

Number of pages: 30

Abstract/Description:

This chapter reports the results of the author’s comprehensive empirical study of secondary market securities class actions in Canada. The chapter examines ten years of data, beginning with the introduction of statutory secondary market liability in 2006 and ending in 2015. In addition to identifying procedural barriers, the authors analyze the types of plaintiff (especially institutional versus retail investors) and defendants (large versus small, but also a concentration in the mining industry), providing a rich account of the Canadian experience with representative shareholder litigation for secondary market misrepresentations.