Securities law
The Ontario Superior Court of Justice has awarded a former executive $5.37 million in damages under the Ontario Securities Act (the Act), confirming that an employer will be found to be in breach of the Act's anti-reprisal provisions if they take any adverse action against an employee
Securities law
Between February 18, 2025 and July 31, 2025, Fluor Corporation allegedly engaged in securities fraud that impacted its business and financial results. The company's infrastructure projects, Gordie Howe, I-635/LBJ, and I-35, faced growing costs due to subcontractor design errors, price increases, and scheduling delays. As a result,
Stock exchanges
ASPI stockholders have been advised that a Form S-3 registration statement has been filed with the U.S. Securities and Exchange Commission, which includes a prospectus for the offering, issuance, and sale of up to $250.0 million in common stock, preferred stock, debt securities, warrants, and/or units. The
Stock exchanges
ASP Isotopes Inc., a US-based company listed on the Nasdaq Capital Market, has submitted a Form S-3 registration statement to the US Securities and Exchange Commission, outlining plans to issue up to $250 million in securities. This filing under the Securities Act of 1933 will allow the company to offer
Securities law
Snap Inc., the parent company of Snapchat, is at the center of a class action lawsuit alleging securities fraud between April 29, 2025, and August 5, 2025. The lawsuit claims that the company issued misleading statements about its advertising revenue growth rate, which led to a decline in stock price.
Securities law
A securities class action lawsuit was filed against Fortinet, Inc. alleging that the company made false statements and concealed its true financial situation from investors between November 8, 2024 and August 6, 2025. The complaint claims that Fortinet misrepresented the lucrative nature of its refresh cycle and the number of
Stock exchanges
As part of its ongoing efforts to enhance market transparency and risk management, the BSE has issued a notice to its trading members regarding the movement of certain securities to their respective higher stages of the Graded Surveillance Measure (GSM) with effect from October 14, 2025. The securities listed in
Stock exchanges
The Bombay Stock Exchange (BSE) has notified its members that a list of securities has satisfied the criteria under the Additional Surveillance Measure for Companies relating to the Insolvency Resolution Process (IRP) as per the Insolvency and Bankruptcy Code (IBC), effective from October 14, 2025. The securities in question will
Stock exchanges
The Bombay Stock Exchange (BSE) has notified its trading members that several new securities issued by various companies will be listed and admitted for trading on the exchange with effect from October 14, 2025. This move aims to increase the availability of investment opportunities for market participants. Key Takeaways: * 18
Securities law
A securities lawsuit was filed against KBR, Inc. in May 2025, alleging that the company made false statements and concealed information about its partnership with HomeSafe, which was experiencing material concerns with a global household goods contract. As a result, KBR's statements about its business, operations, and prospects
Stock exchanges
BNP Paribas has achieved a significant milestone in the African financial market by successfully listing ZAR 100 million Index Securities on the Johannesburg Stock Exchange (JSE). This move brings the firm's total issued securities to ZAR 25.38 billion, solidifying its presence in the region. The listed securities,
Stock exchanges
Trading Members of the Bombay Stock Exchange (BSE) have been informed that several new securities have been listed and admitted for trading on the Exchange with effect from September 18, 2025. The new listings include securities from major companies such as Aadhar Housing Finance Limited, Aptus Value Housing Finance India
