Cannon v. Parklane Newsletter

You will recall that the motion for certification of this action as a class proceeding was argued on August 22 – 25, 2011. At the same time, ParkLane and the defendant Law Firms sought to have Mr. Cannon’s claims against them dismissed on a summary judgment basis.

On January 18, 2012, the court issued its decision. We are pleased to report that we were successful. This action has been certified as a class proceeding, against all the defendants except the independent directors of the Funds for Canada Found
ation.

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Cannon v. Parklane Newsletter