Two former Softchoice employees whose company shares were bought back at $3.08 each, six months before the company went public at $20 a share, can pursue their share claims despite …
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Ontario court grants shareholder leave to sue directors over compensation as company revenues declined
An Ontario court has granted a shareholder leave to commence a derivative action on behalf of two closely held companies against their directors, alleging the directors paid themselves excessive compe… …
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Subscriber ContentWrongful Dismissal
PREMIUM Wrongfully dismissed worker at B.C. roofing firm not entitled to shareholder salary continuation
A British Columbia roofing company worker who was also a shareholder cannot continue receiving his $80,000 annual salary after being terminated without cause, the B.C. Supreme Court has ruled. The… …
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FeaturedWrongful Dismissal
B.C. court denies minority shareholder’s bid to liquidate commercial printing company after his dismissal
A recent ruling by the Supreme Court of British Columbia has significant implications for minority shareholders who are also employees, as the court denied an application to liquidate Mitchell Press …