Certification Granted in Kew Media Group Class Action

Foreman & Company is pleased to announce that the Kew Media Group Class Action has been certified to proceed to trial as against the individual defendants, Geoffrey Webb and Steven Silver.

The Class Action alleges that the public filings of Kew Media Group Inc. contained false statements. It seeks damages arising from a decline in the value of Kew Media Group Inc.’s securities, on behalf of “all persons or entities who acquired securities issued by Kew Media Group Inc. in the secondary market between March 28, 2017 to January 16, 2020 inclusive, other than Kew Media Group Inc., and its directors and officers.”

The Ontario Court has “certified” the Class Action meaning the Court has agreed that the lawsuit is suitable to proceed to trial as a class action. Certification is not a ruling on the merits of the case, and the Court has not yet made a decision on the allegations made in the Class Action.

The action has not yet been certified against Kew Media Group Inc. and a further motion for certification against the company may occur at a later date.

For more detailed information about the case, including the court-approved notice and an explanation of the rights of Class Members at this juncture of the case, please click here.

Foreman & Company is co-counsel with Kalloghlian Myers LLP on this matter.

About Foreman & Company

Foreman & Company is a boutique plaintiff-side class actions law firm representing individuals and businesses who have suffered loss or injury due to misconduct on a widespread scale. Our award-winning team of litigators has been recognized by Lexpert, Chambers Global and Best Lawyers for their expertise and calibre of knowledge in class actions.