05:16:45 EDT Fri 18 Jun 2021
Enter Symbol
or Name

Login ID:

Law Society looks at local firm for U.S. manipulations

2021-05-14 20:32 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

A decision released today by the Supreme Court of British Columbia has revealed an investigation against an as-yet unnamed Vancouver securities lawyer. That lawyer, who is actively practising, is accused of having connections to market manipulations in the United States. There are also concerns that he has used trust accounts to move money in questionable circumstances.

The existence of the investigation is contained in a judgment released on Friday, May 14. So far, only the barest details of the matter are available. The judge has entered an order sealing the court file and reducing the name of the lawyer to "Lawyer A." (Stockwatch has determined, however, that the lawyer and his firm have represented scores of companies listed in the United States over the past 10 years or more. The lawyer is the principal of a firm with six employees.)

Friday's decision stems from an investigation and search of the lawyer's office that the Law Society undertook in 2019. During a compliance audit that year, the Law Society found something of interest. It is not clear what that something was, but it was concerning enough that the regulator began looking at the lawyer's entire practice. The investigation culminated with a search of the lawyer's office on Oct. 7, 2019, in which the regulator seized all of the firm's hard drives, electronic files, accounting records and phones.

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

© 2021 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.

recent judge appointment crapped on BC law by not turning another lawyer in while she was a lawyer to crown counsel, and crown counsel when adivsed of both breaking the Law, did nothing... but they put people in jail and they extradite people on b s, see when people have enough, how many extradited for b s securities offences while some chinese princess sits at home being adjudicated by an ex securities darling who signed off on extraditions like dropping her panties, multiple times a day

Posted by so what at 2021-05-15 00:38

Am I missing something? The crypto currency market is now well past 2 trillion market cap. What is the underlying assets to support the market cap? Can anyone with a law degree or someone working at BCSC, IIROC, OSC, junior Trudeau's office, etc explain. They simply make up bullsh*t as they require it. All in the name of public interest.

Posted by confused at 2021-05-17 10:53