After a particularly rough year for B.C.-born Lululemon Athletica Inc., U.S. District Judge Katherine Forrest decided that a lawsuit accusing the company of defrauding shareholders should be dismissed.
When Lululemon customers began noticing their yoga pants were less than opaque, the company was forced to recall the defective products in March 2013, resulting in a loss of $2-billion of market value.
Last fall, Nazir Karigar, a former executive director at CryptoMetrics, was the first person to be tried and convicted under Canada’s foreign bribery law – a case that will be a guidepost for future Canadian corruption sentences.
Karigar was convicted for plotting to distribute $450,000 to Air India and an Indian cabinet minister in an effort to win CrytpoMetrics a contract to create security technology for the state-owned airline.
British Columbia is finally taking steps to regulate off road vehicles in its Spring Legislative Session with the Off Road Vehicle Act (Bill 13). Off road vehicles can be environmentally destructive when they are used off appropriate roads and trails. This is especially true when they are used in environmentally sensitive areas.
On June 1st, 2014 Ontario will raise its minimum wage from $10.25 per hour to $11.00 per hour in order to reflect the rise in the Consumer Price Index (CPI) since the last minimum wage increase in 2010.