Securities lawyer Samuel Cole fined $20,000 and suspended for 4 months for advising client to use girlfriend as a nominee buyer in reverse takeover deal.

The B.C. securities lawyer, Samuel Cole, who advised his client to use the client's girlfriend as a nominee buyer of shares during a reverse takeover, has been fined $20,000 and suspended from practice for four months. He initially appealed against the decision that he committed professional misconduct but later admitted his actions were wrong.

February 09, 2024
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