West Face Capital claims vindication in Wind Mobile lawsuit
West Face Capital said it has been vindicated by the dismissal of a lawsuit that alleged the firm misused confidential information when purchasing a stake in Wind Mobile Corp two years ago. The lawsuit, launched by Catalyst Capital Group, was dismissed by an Ontario Superior Court of Justice last week. Catalyst is expected to appeal the ruling, the Financial Post reported. In 2014, West Face and other private equity investors backed Globalive Capital's buy of Vimpelcom Ltd's interest in Wind Mobile. Wind Mobile was subsequently acquired by Shaw Communications Inc.
22 August 2016•2 mins read
