Decision in brief: Ontario Securities Commission v Candusso, Enforcement Proceeding, Settlement, March 30, 2026

Citation

Ontario Securities Commission v Candusso, 2026 ONCMT 16

Arbitres
M. Cecilia Williams, Geoffrey D. Creighton and Dale Ponder
Date des motifs:
Numéro de dossier:
2026-5
Type d'audience:
Settlement
Parties:
Ontario Securities Commission v Christopher Candusso

In this enforcement case, the OSC alleged that Candusso did not comply with the Tribunal’s earlier order that he not be a director or officer of any company for three years. The OSC says that despite that order, Candusso continued to be a director and officer of one company and became a director and officer of an additional company.

Candusso and the OSC agreed to settle the case. They agreed that Candusso should be banned from being a director and officer of any company for an additional three years and that he must pay an administrative penalty of $7,000.

In this hearing, the Tribunal decided that the proposed settlement was reasonable and in the public interest and approved the settlement agreement.

Allez à détails de l’instance

Préparées par le personnel du Secrétariat de la gouvernance et du Tribunal, les décisions en bref aident le public à mieux comprendre les décisions du Tribunal. Elles ne font pas partie des motifs invoqués par le Tribunal et ne sont pas utilisées dans les procédures judiciaires.