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David A Hausman Toronto Lawyer

David A. Hausman

Partner Fasken
No matter how experienced your organization’s leadership, the turbulent economy, increasingly competitive marketplace and frequent regulatory changes can impact your ability to function efficiently and effectively.
Jurisdiction Ontario, 1991
Language(s) English, French
Office(s) Toronto
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Overview

David Hausman practices exclusively in the field of securities litigation. Regularly representing investment dealers, public companies, mutual funds, directors and officers, David advises clients on regulatory investigations and proceedings before provincial securities commissions, all Canadian stock exchanges and self-regulatory organizations.

Representing both bidders and targets in contested mergers and acquisitions transactions, David also advises clients on governance issues in the public company context.

From 1994-1996, David served as an enforcement counsel at the Ontario Securities Commission. Drawing on his experience there, David continues to act for the securities regulator, as well as acting for foreign regulators on securities regulation and enforcement matters.

Frequently speaking on the regulation of mutual funds, corporate governance, insider trading, mergers, acquisitions, and securities enforcement investigations and proceedings, David is also an Adjunct Professor at the University of Toronto.

David’s practice is recognized by Benchmark Canada, the Canadian Legal Lexpert Directory and Best Lawyers.

Achievements

Client Work

  • TD Waterhouse Canada Inc., among other financial institutions, successfully defends against proposed class action alleging improper receipt of trailing commissions by discount brokerages, [Case - TD Waterhouse Canada Inc.], Canadian financial services corporation successfully defends certification of claims alleging improper collection of fees for the provision of investment advice
  • OSC dismisses insider trading case against broker, [Case - Frank Soave], On November 9, 2018 The proceeding was dismissed in the matter of Benedict Cheng, Frank Soave, John David Rothstein and Eric Tremblay. Fasken represented Frank Soave in response to allegations of insider trading contrary to section 76 of the Securities Act. Mr. Soave was alleged to have traded in...
  • Handicare Group AB acquires Prism Medical, [Deal - Handicare Group AB], On June 27, 2016, Prism Medical Ltd and Handicare Group AB announced that they entered into an arrangement agreement pursuant to which Handicare will acquire all of the outstanding common shares of Prism Medical for a total equity purchase price of approximately C$62 million, on a fully diluted b...
  • Raymond James to acquire MacDougall, MacDougall & MacTier creating Canada's leading independent investment dealer, [Deal - MacDougall, MacDougall & MacTier Inc.], On May 26, 2016, Raymond James Ltd (“Raymond James”) announced that it had entered into a definitive arrangement agreement to acquire MacDougall, MacDougall & MacTier Inc. (“3Macs”) pursuant to a plan of arrangement, subject to regulatory and shareholder approvals. This acquisition adds 72 adviso...
  • First Quantum announces successful completion of the C$5.1 billion offer for Inmet, [Deal - First Quantum Ltd.], On April 02, 2013, First Quantum Minerals Ltd. and its wholly owned subsidiary FQM (Akubra) Inc. (together, the “Offerer”) announced successful completion of their offer to acquire all of the outstanding common shares of Inmet Mining Corporation (the “Offer”). As of 5:00 p.m. on April 01, 2013, 9...
  • Magna completes $1.1 billion plan of arrangement to eliminate dual-class share structure, [Deal - Magna International Inc. (Special Committee)], On August 31, 2010, Magna International Inc. (TSX: MG.A, NYSE: MGA) announced that it had completed its plan of arrangement to eliminate Magna's dual-class share structure and that Magna's common shares would commence trading under the symbol 'MG' on the Toronto Stock Exchange at the start of tra...
  • International Royalty agrees to US$700 million acquisition by Royal Gold, [Deal - International Royalty], On February 22, 2010, Royal Gold, Inc. (NASDAQ: RGLD; TSX:RGL), through its wholly-owned subsidiary RG Exchangeco Inc., completed the acquisition, by a court-approved plan of arrangement, of all of the issued and outstanding common shares of International Royalty Corporation (TSX: IRC, NYSE-A:ROY...
  • Jaguar Financial agrees to support Gerber Scientific's acquisition of Virtek, [Deal - Jaguar Financial], On October 9, 2008, Jaguar Financial Corporation (TSX: JFC), the owner of 6,681,200 common shares of Virtek Vision International Inc. (TSX: VRK), representing approximately 19.9% of the total issued shares of Virtek, agreed to tender its shares to Gerber Scientific, Inc.'s (NYSE: GRB) offer to ac...
  • L-1 Identity Solutions completes acquisition of ComnetiX, [Deal - Confidential Client], On February 21, 2007, ComnetiX Inc. announced that L-1 Identity Solutions, Inc. had completed its previously-announced acquisition of all of the outstanding shares of ComnetiX at a price of US$1.17 per share, for a total purchase price of approximately US$17.83 million. In light of the acquisitio...

Career & Education

Education

  • LLB University of Toronto
  • BA (Honours) McGill University

Memberships & Affiliations

  • Member, Canadian Bar Association
  • Member, Ontario Bar Association

Knowledge

Events

News

  • Lexpert® ALM 500 Directory 2020 Names 18 Fasken Lawyers, 12/13/2019
  • Lexpert®ALM 500 Directory Names 18 Fasken Lawyers, 12/12/2018
  • Fasken Litigators Profiled in Lexpert’s Special Edition on Litigation in Globe and Mail’s ROB, 11/30/2018

Speaking Engagements

  • New Era of Business Integrity & White Collar Crime Enforcement, 6/2/2016
  • What to do When Regulators Call, 10/19/2010
  • Insight Information: Securities Law Forum, 6/7/2006
New Era of Business Integrity & White Collar Crime Enforcement location location Toronto
What to do When Regulators Call Financial Executives International location location Toronto
Insight Information: Securities Law Forum location location Toronto

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