Sherry Lori-Lynn Champagne, of Brantford, Ont., is facing 13 charges including two counts of theft…
OSC: Sino-Forest defrauded investors
The Ontario Securities Commission (OSC) ruled on Friday that China-based timber company Sino-Forest Corp., which was formerly listed on the Toronto Stock Exchange (TSX), engaged in fraudulent practices. The ruling upheld almost all of the regulator’s allegations...
Penn West shares plunge after SEC files fraud charges
Shares in Penn West Petroleum dropped Wednesday after the U.S. Securities and Exchange Commission announced it had filed fraud-related charges against it and three former finance executives. The Calgary-based oil and gas firm’s stock fell by as much as 10 per...