News

Securities Fraud and the Use of Micro-Cap Stocks

Leah Shepherd of Hakemi & Ridgedale LLP, together with Michael Pesunti of the BC Securities Commission, were acknowledged by the Law Society of BC for their assistance with preparing a recent risk advisory on the risk to the public stemming from the use of micro-cap stocks. Please click on the following link for more information on how micro-cap stocks may be used by fraudsters to create the misleading appearance of trading activity, an artificial share price, or both, and to conceal the fraudster’s role, identity, or both from the public and regulators through beneficial share ownership.

https://www.lawsociety.bc.ca/support-and-resources-for-lawyers/discipline-advisories/securities-fraud/