Court Dismisses Application by Andrew Rankin
Pour diffusion immédiate OSC Enforcement Before the Court
TORONTO – On January 11, 2013 the Superior Court of Justice (Divisional Court) released its Reasons in respect of Andrew Rankin’s appeal of the decision of the Ontario Securities Commission, dated November 21, 2011, dismissing Rankin's application to set aside an earlier order of the Commission approving a settlement he made with the Staff of the Commission.
The majority of the Court dismissed Rankin’s appeal on the grounds that the November 21, 2011 decision of the Commission was a reasonable one.
Copies of the Reasons are available through the Court.
-30-
For Media Inquiries:
Carolyn Shaw-Rimmington
Manager, Public Affairs
416-593-2361
Alison Ford
Media Relations Specialist
416-593-8307
For Investor Inquiries:
OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)
Follow us on Twitter: OSC_News