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Canaccord Financial Inc
Symbol C : CF
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Close 2013-02-20 C$ 7.65
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Canaccord, Nyquvest named in unauthorized trading suit

2013-02-21 13:57 ET - Street Wire

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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.

Shayne Nyquvest
Shayne Nyquvest

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.

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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 price.........free will pay if you tow bring big truck, hes a big boy

Posted by ChickenWing at 2013-02-24 18:08

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