You will be redirected back to your article in seconds

Insider charges in ’89 Cineplex deal

The Ontario Securities Commission said David Bruce Fingold, Fobasco Ltd. and Slater Industries Inc. have been charged with insider trading in connection with the sale of shares of Cineplex Odeon Corp.

The OSC said the charges allege that the Cineplex shares were sold between Feb. 25, 1989, and March 22, 1989, with knowledge of material facts that were disclosed at a Cineplex board meeting but hadn’t been publicly disclosed.

In a statement, Slater Industries said it “is satisfied that there was no wrongdoing in connection with this transaction and considers the information to be unwarranted. Accordingly, these proceedings will be vigorously defended.”

Fingold is vice-chairman and secretary of Slater Industries.

More Biz

  • Harvey Weinstein, with his attorney Benjamin

    Harvey Weinstein's Attorney Blasts Asia Argento's 'Hypocrisy'

    The Ontario Securities Commission said David Bruce Fingold, Fobasco Ltd. and Slater Industries Inc. have been charged with insider trading in connection with the sale of shares of Cineplex Odeon Corp. The OSC said the charges allege that the Cineplex shares were sold between Feb. 25, 1989, and March 22, 1989, with knowledge of material […]

  • Asia Argento arrives for the screening

    Asia Argento Is Not Facing Sexual Abuse Investigation

    The Ontario Securities Commission said David Bruce Fingold, Fobasco Ltd. and Slater Industries Inc. have been charged with insider trading in connection with the sale of shares of Cineplex Odeon Corp. The OSC said the charges allege that the Cineplex shares were sold between Feb. 25, 1989, and March 22, 1989, with knowledge of material […]

  • Rose McGowan Asia Argento

    Rose McGowan on Asia Argento Accusation: 'My Heart Is Broken'

    The Ontario Securities Commission said David Bruce Fingold, Fobasco Ltd. and Slater Industries Inc. have been charged with insider trading in connection with the sale of shares of Cineplex Odeon Corp. The OSC said the charges allege that the Cineplex shares were sold between Feb. 25, 1989, and March 22, 1989, with knowledge of material […]

  • Actress Asia Argento speaks about being

    Asia Argento Settled With Sexual Assault Accuser Last Year (Report)

    The Ontario Securities Commission said David Bruce Fingold, Fobasco Ltd. and Slater Industries Inc. have been charged with insider trading in connection with the sale of shares of Cineplex Odeon Corp. The OSC said the charges allege that the Cineplex shares were sold between Feb. 25, 1989, and March 22, 1989, with knowledge of material […]

  • Aretha Franklin - American Soul Singer

    Aretha Franklin Funeral, Public Viewing Plans Announced

    The Ontario Securities Commission said David Bruce Fingold, Fobasco Ltd. and Slater Industries Inc. have been charged with insider trading in connection with the sale of shares of Cineplex Odeon Corp. The OSC said the charges allege that the Cineplex shares were sold between Feb. 25, 1989, and March 22, 1989, with knowledge of material […]

  • Stan Lee

    Judge Grants Restraining Order to Protect Stan Lee

    The Ontario Securities Commission said David Bruce Fingold, Fobasco Ltd. and Slater Industries Inc. have been charged with insider trading in connection with the sale of shares of Cineplex Odeon Corp. The OSC said the charges allege that the Cineplex shares were sold between Feb. 25, 1989, and March 22, 1989, with knowledge of material […]

More From Our Brands

Access exclusive content