Geneviève Saumier Order Levaquin over the counter, teaches at McGill University, Montreal.
Securities class actions are a relatively new phenomenon in Canada for two main reasons, order Levaquin from mexican pharmacy. Buy Levaquin no prescription, First, class procedures are available across the country only since 2004 (though since 1978 in Quebec and 1992 in Ontario), buy Levaquin online cod. Kjøpe Levaquin på nett, köpa Levaquin online, Second, until very recently, order Levaquin online c.o.d, Buy Levaquin without a prescription, only traditional claims of fraud or misrepresentation were available to investors. Since 2005, order Levaquin online overnight delivery no prescription, Levaquin price, coupon, however, most Canadian provinces have amended their securities legislation to introduce a right of action in secondary market liability for continuous disclosure (see for e.g, purchase Levaquin online no prescription. (Quebec, Ontario, BC), order Levaquin over the counter. Where can i buy Levaquin online, This action is particularly attractive as it does not require plaintiffs to prove any reliance although it is usually accompanied by damages limitations and a loser-pays rule for costs. Given the constitutional division of power, fast shipping Levaquin, Order Levaquin from United States pharmacy, there is currently no federal securities law or class action legislation in Canada. As a result, buy cheap Levaquin, Levaquin from canadian pharmacy, multijurisdictional securities class actions can arise in Canada in an interprovincial sense as well as in an international sense. Moreover, rx free Levaquin, Where can i buy cheapest Levaquin online, many major Canadian firms are listed on both Canadian and US exchanges. Order Levaquin over the counter, In all of these cases, challenges in terms of jurisdiction and applicable law can occur.
The arrival of these new causes of action has had an immediate impact on the number of securities class action filings in Canada, buy no prescription Levaquin online. Purchase Levaquin online, While the period 1997 and 2007 yielded between one and five a year, there were 10 claims filed in 2008 and 9 in 2009, order Levaquin from United States pharmacy. Kjøpe Levaquin på nett, köpa Levaquin online, In terms of value, ongoing claims are seeking close to 3 billion Canadian dollars (1 CDN$ = .94 US$), where to buy Levaquin. Where can i buy Levaquin online, During the 2002-2008 period, there were 9 Canada/US cross-border settlements compared to 11 domestic settlements, purchase Levaquin. Of the 21 pending actions, eight involve claims where parallel actions are also under way in a US jurisdiction – often the result of a so-called copy-cat action filed in a Canadian jurisdiction, order Levaquin over the counter. Buy generic Levaquin, (Data sources can be found here and here.)
So far, only one action (against IMAX) has been certified in Ontario as a global class specifically including investors who purchased on either the TSX or NASDAQ exchanges, buy Levaquin no prescription, Levaquin gel, ointment, cream, pill, spray, continuous-release, extended-release, whether Canadian or not. The Ontario legislation specifies that claims can be brought against an issuer reporting in Ontario or an issuer with a “real and substantial connection to Ontario”, online buy Levaquin without a prescription. Where can i order Levaquin without prescription, This second and potentially extra-territorial jurisdictional criterion has not been tested in court yet.
This brief overview of the legislative context for securities class actions in Canada exposes the uncertainty facing both potential plaintiffs and defendants given the paucity of judicial interpretation of the new statutory claims, Levaquin trusted pharmacy reviews. Order Levaquin over the counter, The recent Ontario decision in the IMAX case suggests that choice-of-law challenges are not a bar to certification of a class that includes investors from several jurisdictions within and outside Canada. Buy cheap Levaquin, This is consistent with decisions in class actions outside the securities field, where Canadian courts have been receptive to multijurisdictional actions whether in terms of certification or recognition of foreign settlements, order Levaquin online overnight delivery no prescription. Levaquin from canadian pharmacy, Despite some doctrinal debate on the constitutional aspects of those decisions, the Supreme Court of Canada has recently refused to intervene, buy Levaquin without prescription, Rx free Levaquin, deferring to provincial legislators the task of dealing with the complexity inherent to these cross-border disputes.
The US Supreme Court’s decision in Morrison is unlikely to signal any important change for Canadian investors or class counsel, japan, craiglist, ebay, overseas, paypal. The fact that so many Canadian corporations are registered with American exchanges should give them access to US courts. For claims against firms listed only in Canada, investors whether local or foreign can seek remedies largely equivalent to those available under American law in most Canadian provinces. If anything, the ruling in Morrison might increase traffic towards Canadian courts given their potentially greater openness to multijurisdictional securities class actions.
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