The Globe and Mail reports in its Thursday, Oct. 23, edition that a former client at CIBC World Markets says he believes one of his investment advisers told him Masonite International might be a takeover target before a deal was announced publicly in 2004, but told an Ontario Securities Commission hearing he cannot remember anything specific about what he was told. The Globe's Janet McFarland writes that the client, who can only be identified as "Hillel F," said he was close friends with former CIBC adviser Korin Bobrow and later became friends with his partner Paul Azeff. Mr. F told an OSC hearing panel Wednesday that either Mr. Bobrow or Mr. Azeff recommended he buy Masonite shares in November, 2004, and said he had the impression that a takeover for Masonite could be coming. The OSC case alleges Mr. Azeff received tips about takeover deals from former fraternity brother Mitchell Finkelstein, who was a partner in the mergers and acquisitions practices at Davies Ward Phillips & Vineberg LLP. Mr. Azeff and Mr. Bobrow are accused of trading on the information and passing along the tips to a wide circle of clients, friends and family members. They deny the allegations.