The Ontario Court of Appeal has upheld a Superior Court decision in the case of Farrell v. Riley, confirming that a binding contract existed between two investment advisors despite the…
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Featured
Former Credential Securities advisor drops claim by $300K, wins right to pursue case under ‘simplified procedure’
A former financial advisor in Ontario has won the right to amend his 2017 lawsuit against Credential Securities Inc., allowing him to pursue his case under Simplified Procedure. The ruling…
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Employment ContractsFeatured
Former investment advisor on hook for nearly $430K of $1.6 million ‘recruitment bonus’ he received: Ontario court
An Ontario court has awarded a financial company nearly $430,000 from a former investment advisor who was given a recruitment bonus of $1.6 million in a case the judge called…
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FeaturedJust CauseRecommended
Federal Court upholds firing of RBC investment planner who manipulated client transactions to gain nearly $100,000 in unearned compensation
The Federal Court has upheld an adjudicator’s decision that the Royal Bank of Canada (RBC) had cause to dismiss a long-serving worker for misconduct related to unauthorized transactions. JM, an…
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Workplace Legislation/Press Releases
Ontario Superior Court of Justice certifies class action lawsuit against RBC Dominion Securities for claimed vacation and holiday pay compensation violations
By Cavalluzzo LLP RBC Dominion Securities Inc., a subsidiary of the Royal Bank of Canada, and one of Canada’s leading full-service investment and wealth management firms, is facing a now certified class action lawsuit, claiming damages for allegedly unpaid vacation and holiday pay…