Montréal - At the request of the Autorité des marchés financiers (the "AMF"), the Bureau de décision et de révision (the "Bureau") issued on November 16, 2012 freeze and cease trade orders against Claude LemayNot to be confused with Claude Lemay, representative in insurance of persons and group insurance of persons, attached to Sun Life Financial Distributors Inc., and dealing representative (mutual fund dealer) at Sun Life Financial Investment Services Inc, holder of certificate no. 121041.Not to be confused with Claude Lemay, representative in personal-lines damage insurance claims adjustment attached to Lemay et associés inc. and holder of certificate no. 186316., Claude Lemay consultant Inc., Barbara Bernier and Jean-Pierre Perreault, all of whom are associated with Daniel L'HeureuxNot to be confused with Daniel L'Heureux, financial security, group insurance plans and group annuity plans advisor attached to Groupe Cloutier investissement Inc. and holder of certificate no. 165224 and Nosfinances.com.

In June 2012, the AMF launched penal proceedings against Daniel L'Heureux and 9248-8543 Québec Inc., operating under the name Nosfinances.com, in connection with activities related to illegal distributions. Cease trade and freeze orders have also been issued against Daniel L'Heureux and his companies since August 2011.

However, facts recently revealed to the AMF suggest that Claude Lemay, the lawyer of Daniel L'Heureux, Barbara Bernier and Jean-Pierre Perreault, both of whom are associated with Daniel L'Heureux, set up a structure to side-step the freeze and cease trade orders against Daniel L'Heureux and his companies. Numerous bank transactions involving large sums of money are believed to have gone through the accounts of the three respondents. Some of the money may have been derived from a new investor.

The AMF highlighted the urgency and seriousness of the matter, in particular because of significant and unusual withdrawals from the accounts of the respondents, which are now almost empty.

Reminder
In its recent awareness campaign ("5bonnesquestions.ca"), the AMF reminds consumers of the importance of ensuring that any person offering an investment product is authorized to do so. They can consult the AMF Register of firms and individuals authorized to practise that is available on the AMF website.

The Autorité des marchés financiers (the "AMF") is the regulatory and oversight body of Québec's financial sector.

- 30 -

Information:

Media only:
Sylvain Théberge: 514-940-2176

Information Centre:
Québec City: 418-525-0337
Montréal: 514-395-0337
Toll-free: 1-877-525-0337
www.lautorite.qc.ca
Twitter: @lautorite This link will open in a new window