10:47:17 EDT Wed 23 May 2018
Enter Symbol
or Name

TSX Venture Exchange
Symbol C : *TSX
Recent Sedar Documents

TSX-V member Jordan sued over unauthorized trading

2013-01-25 13:39 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

Jordan Capital Markets Inc. and one of its employees, Nicholas Gregory, are facing a lawsuit in the Supreme Court of British Columbia complaining about unauthorized discretionary trading in the account of a Calgary woman. According to the suit, Mr. Gregory traded a TSX Venture Exchange company, Emperor Minerals Ltd., without any instructions from the client. Moreover, the trades were a conflict of interest, according to the suit, because Mr. Gregory owned and traded the same company himself.

The allegations are contained in a notice of claim filed at the Vancouver courthouse on Thursday, Jan. 24, on behalf of Heather Couillard of Calgary. The suit complains about losses that Ms. Couillard suffered in an account she opened at Jordan in August, 2011. She does not say how much money she lost, but blames Mr. Gregory for the loss, and says Jordan as his employer is vicariously liable.

According to the suit, Mr. Gregory carried out a number of unauthorized trades in Emperor Minerals between August, 2011, and June 2012, for the account. Ms. Couillard claims that he bought and sold shares of the company in a manner that benefited him through commissions and in his own trading of the same company. Mr. Gregory never informed Ms. Couillard that he owned Emperor Minerals shares, or that he was trading the company for his own benefit, the suit states.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2018 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.

she should sue the fat long haired grease ball

Posted by brooklyn at 2013-01-26 02:46

i have a feeling who the fat greaseball is...[white porche] i just dont now how he fits in the car...haha

Posted by stockman at 2013-01-26 21:10

Comments for this item are closed