Proceedings

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IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED (the “Act”)

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IN THE MATTER OF
CERTAIN DIRECTORS, OFFICERS AND OTHER INSIDERS OF
RESEARCH IN MOTION LIMITED
(BEING THE PERSONS AND COMPANIES LISTED
IN SCHEDULE "A" HERETO)

STATEMENT OF ALLEGATIONS OF STAFF
OF THE ONTARIO SECURITIES COMMISSION


Staff of the Ontario Securities Commission make the following allegations:
  1. Research in Motion Limited (“RIM”) is incorporated under the Business Corporations Act (Ontario) and is a reporting issuer in the Province of Ontario.
  2. Each of the persons and companies listed in Schedule “A” (individually, a “Respondent” and collectively, the “Respondents”) is, or was, at some time since the end of the period covered by the last financial statements filed by RIM, namely June 3, 2006, a director, officer or other insider of RIM and during that time had, or may have had, in the ordinary course access to or received material information with respect to RIM that has not been generally disclosed.
  3. On October 13, 2006, RIM issued and subsequently filed on SEDAR a press release disclosing that it would delay the release of its interim financial statements for the 3 months ended September 2, 2006 and management’s discussion and analysis relating to those interim financial statements (collectively, the “Second Quarter Disclosure Documents”).
  4. RIM did not file the Second Quarter Disclosure Documents by the prescribed deadline under Ontario securities law, namely October 17, 2006.
  5. RIM has not filed the Second Quarter Disclosure Documents as of the date hereof.
  6. RIM is in default of the requirements of Ontario securities law for the reason that RIM has not filed the Second Quarter Disclosure Documents within the time period required by Ontario securities law.
  7. It would be prejudicial to the public interest to allow the Respondents to trade in the securities of RIM until such time as all disclosure required by Ontario securities law has been made by RIM.
  8. It is therefore in the public interest that an order be issued that all trading in and all acquisitions of securities of RIM, whether direct or indirect, by any of the Respondents shall cease until two full business days following the receipt by the Commission of all filings RIM is required to make pursuant to Ontario securities law.

 


October 24, 2006

Schedule “A”

 

Asthana, Atul
Balsillie, James Laurence
Bawa, Frenny
Bawa, Karima
Bidulka, Brian
Bose, Robert
Boudreau, Jesse Joseph
Broughall, Peter
Brown, Wade
Caci, Joe
Castell, William David
Conlee, Larry
Cork , Edwin Kendall
Cort, Gary
Costanzo, Rito Natale
Crow, Robert Eric
Davies, William Aubrey
Devenyi, Peter John
Dikun, Raymond Michael
Donald, Paul David
Ebbs, Edel Bridget Anne
Efstathiou Jr., Chris
Eggberry, Charmaine
Estill, James
Fregin, Douglas Edgar
Gagne, Alain
Gould, Peter James
Guibert, Mark
Hind, Hugh Robert Faulkner
Hoddle, Ian James
Jarmuszewski, Perry
Kavelman, Dennis
Kempf, Paul Hans
Labrador, Christopher
Landry, Richard
Lazaridis, Michael
LeBlanc, Anthony Dale
Lewis, Allan
Lo, Norm Wai Keung
Loberto, Angelo
Maybee, Bradley Warren
McAndrews, Mike Patrick
McDowell, Jeffrey Wayne
McLennan, Craig Arthur
Miller, Deborah Glee
Morrison, Donald
Morrissey, Michael Paul
Neumann, Ronald Scott
Pacey, Dean Leslie
Panezic, Alan Tom
Payne, Susan
Pecen, Mark Edward
Periyalwar, Suresh
Pillar, Catherine Jean
Richardson, John
Rivers, Brian Thomas
Robinson, Clint
Roe Pfeifer, Mary Elizabeth Anne
Rooks, Michael
Sanchez, Tom Carl
Spence, Patrick Alexander
Tendler, Benson
Werezak, David
Witteveen, Roger
Wright, Dr. Douglas
Yach, David
1258700 Ontario Limited
1258701 Ontario Limited
1258702 Ontario Limited