James Langton
David Sharpe, the former CEO of troubled fund manager Bridging Finance Inc. (BFI), says enforcement staff of the Ontario Securities Commission (OSC) violated securities law and undermined their own investigation by publicly disclosing contents of their interviews with Sharpe in court filings.
Sharpe has filed an application that seeks to quash the OSC’s investigation order, throw out certain evidence that was obtained in his compelled interviews with enforcement staff and remove or seal documents that were posted online detailing his testimony.
The OSC announced it will hold a hearing on July 22 to consider the application.
“Staff intend to oppose the application,” said an OSC spokesperson. “We will not be commenting further at this time.”
Ex-Bridging Finance CEO seeks to upend OSC investigation
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25,000 vulnerable Bridging Finance investors fight for voice in probe
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