Crime | Page 13 of 13

Norbourg proved one hot potato

If there was a Guinness record for the longest game of hot potato, the Norbourg scandal would probably be included among the finalists—and this without counting all the other unenviable records linked to it, like most confused court proceedings, greatest ever financial scandal in La Belle Province, greatest number of lost faxes, worst collaborative effort […]

By Yves Bonneau |January 25, 2011

5 min read

Industry

Norbourg saga draws to a close

An agreement in principle has been reached in the Norbourg class action lawsuit. Under the $55 million settlement there is no admission of liability. The amount will be covered by Beaulieu Deschambault S.E.N.C.R.L. (including Deschambault St-Jean S.E.N.C.R.L.) and Rémi Deschambault, the AMF, The Northern Trust Company, Canada, Concentra Trust and KPMG LLP. The $55 million […]

By Staff |January 19, 2011

1 min read

Industry

AMF files suit against Guertin

The Autorité des marchés financiers (AMF) has launched a criminal proceeding against a man they allege helped two companies make illegal investments.

By Staff |December 10, 2010

1 min read