Street's Don Quixote is at it again

Article Abstract:

A class-action lawsuit by 250 investors against Royal Bank of Canada, and subsidiary Royal Trust Corp., has been joined by Paul Sarita. The lawsuit, which was filed in the Ontario Superior Court of Justice, revolves around the employee pension fund of Royal Trust.

author: McNish, Jacquie
General services, Royal Trust Corporation of Canada

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OSC sets settlement deadline for Royal unit

Article Abstract:

Montreal, Que.-based Royal Bank of Canada's RT Capital Management Inc. has received a settlement proposal from the Ontario Securities Commission. OSC has accused RT Capital of involvement in a stock price manipulation scheme.

author: Blackwell, Richard, McNish, Jacquie
Government regulation (cont), Ontario. Securities Commission, RT Capital Management Inc.

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How the high-closing high fliers got caught

Article Abstract:

The Toronto Stock Exchange's surveillance team used new software programs to collect the evidence to expose the Royal Bank of Canada unit's illegal practices.

author: McNish, Jacquie
Legal issues & crime, Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Investigations, Exchanges, Securities industry, Toronto Stock Exchange

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subjects list: Banking industry, Commercial banks, Canada, Cases, Pension funds, Royal Bank of Canada, RY
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