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NEW In-House Counsel | Insurance | Intellectual Property | Immigration | Natural Resources | Real Estate | Tax

FOR TORTS - Fraud and misrepresentation

Tuesday, March 28, 2017 @ 6:36 AM  

Appeal by the defendant, Gemnay, from a civil fraud judgment in favour of the plaintiff, Nicholson. The plaintiff was a recent widow with a grade 8 education and two young children. The defendant was a friend of her late husband. The plaintiff gave the defendant $200,000 to use for investments. The defendant emphasized he would not do anything to jeopardize the funds. The defendant proceeded to invest in call options using his own personal accounts, resulting in a total loss. The defendant repaid $8,000. The plaintiff...