Canaccord, Nyquvest named in unauthorized trading suit
2013-02-21 13:57 ET - Street Wire
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
by Mike Caswell
Canaccord Genuity Corp. and one of its senior investment advisers, Shayne Nyquvest, are facing a lawsuit in the Supreme Court of British Columbia from a retired woman over unauthorized discretionary trading. Heather Couillard of Calgary claims that Mr. Nyquvest bought shares of TSX Venture Exchange listing Emperor Minerals Ltd. for her account without any instructions. Mr. Nyquvest then failed to notify her of losses stemming from the trading or to mitigate them, according to the suit.
The allegations are contained in a notice of claim that Ms. Couillard filed at the Vancouver courthouse on Tuesday, Feb. 19. According to the suit, Ms. Couillard opened an account with Mr. Nyquvest in July, 2011. The account was not discretionary and Ms. Couillard expected that Mr. Nyquvest would recommend investments appropriate to her financial situation and risk tolerance.
The remainder is available to Stockwatch subscribers.
© 2017 Canjex Publishing Ltd. All rights reserved.
Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated,
although libelous remarks, obscene language and impersonations may be deleted.
Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the
University of Ottawa's FAQ regarding Defamation and SLAPPs.
Shayne is 10 out out of 9 in my books ! Fatso will will always be a scum bag... what a joke
Posted by BROOKLYN at 2013-02-21 14:55
SHayne is 10 out 0f 10 in my books ! fatso will always be a scum bag. Glad my best friend isn't a car
Posted by BROOKLYN at 2013-02-21 14:57
sounds like someone sold there stock at a low price and is putting the blame on the brokers...I have seen his act before
Posted by sellers remorse at 2013-02-22 00:15
sounds like fatso was trading in moms account and when he didnt make any money he said dont worry mom we can sue the brokers and get your money back. make sure you got trade authorizations in order order boys thats why you pay your assistants.i think this fatso guy might be calculating .its funny these complaints ussually come after someone sells stock and them the stock goes up.
Posted by who's fatso?? at 2013-02-22 08:31
I am sure Shayne did nothing wrong. Probably the client is unhappy that the market is down and had it been up we wouldn't be seeing this article.
Posted by Rabbit at 2013-02-22 12:09
Lease on a Porche. $5,650 mnth
Lease on a Bently. $6,750 mnth
Lease on a Mclaren $8,375 mnth
No pubcos to pay for them - bummer
For all other expenses mommy sues using Barker
Posted by Tigger at 2013-02-22 23:16
they built the shit kentuky , to sail the market blues, they thought they built a ship the commission wouldn't see through... kerrr plunk what loser peice of junk
Posted by mendel at 2013-02-23 07:52
is this that guy from calgary that runs around in the Mclaren and always has young girls sitting with him at cactus club thinking he is the MAN.now it all makes sense.Party boys gone broke
Posted by lol at 2013-02-24 09:33
For Sale......one fatso
will pay if you tow
bring big truck, hes a big boy
Comments for this item are closed