Montréal – The publication of this news release constitutes the method of service authorized by the Bureau de décision et de révision (the "Bureau") for decision 2010-019-001 (pdf - 119 KB)This link will open in a new windowUpdated on July 6, 2010 (available in French only) in respect of Alternative Green Technologies Inc.
On June 16, 2010, at the request of the Autorité des marchés financiers (the "AMF"), the Bureau issued freeze and cease trade orders in connection with Véhicules Nemo inc. In particular it ordered the directors of Véhicules Nemo inc. not to authorize the sale of any assets of Véhicules Nemo inc. to Alternative Green Technologies inc.
The AMF issued a news release pertaining to this decision of the Bureau on July 5, 2010.
The Autorité des marchés financiers ("AMF") is the regulatory and oversight body for Québec’s financial sector.
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Additional news
- Permanent injunction against Asim Ahmed
- Warning about Asim Ahmed’s fraudulent activities
- Renée Morier and Sylvain Milette Fined $354,703
- Numerous achievements in preventing, detecting and sanctioning offences
- Illegal insider trading - Carl Larivière fined over $89,000
- Illegal insider trading - AMF uncovers tipping network and will seek highly deterrent fines
- AMF hosts cybersurveillance experts
- Asim Ahmed sentenced to 4 years in prison
- Communication of privileged information - Insider fined $5,000
- Allegations of illegal insider trading - Searches and orders against seven individuals
- Trading based on privileged information - AMF launches penal proceedings against Carl Larivière
- Illegal distributions related to Véhicules Nemo inc. - Jacques Rancourt and Guylain Pelletier fined $1,000,000
- Renée Roy ordered to pay $60,000 administrative penalty
- Illegal practice and distributions - Alain Côté sentenced to six months in prison
- Freeze and prohibition orders against Asim Ahmed and Mahmood Ahmed
- AMF calls for administrative penalties against Renée Roy and Jean-Pierre Lavallée
- ACGI Inc. and Alain Côté - AMF files 185 charges and seeks over $2.7 million in fines
- Véhicules Nemo inc. - Michel Noreau fined $32,000
- Véhicules Nemo inc. - AMF files 260 charges and seeks more than $3 million in fines
- Véhicules Nemo inc. - Service of decision by Bureau de Décision et de Révision
- Véhicules Nemo inc. - Service of hearign notice
- AMF intervenes to protect shareholders of Véhicules Nemo Inc. - Cease trade and freeze orders related to Véhicules Nemo Inc.