West Face applauds dismissal of second Catalyst lawsuit

West Face Capital welcomed the dismissal of a second lawsuit alleging the firm misused confidential information when purchasing a stake in Canadian wireless company Wind Mobile Corp in 2014 as part of a $300 million deal. The $1.3 billion lawsuit, launched by Catalyst Capital Group, was dismissed by an Ontario judge, who called it an “an abuse of process,” the Globe and Mail reported. West Face CEO and Co-CIO Greg Boland said the decision "is yet another independent confirmation of lack of merit to the serial litigation being pursued by Catalyst against West Face for almost four years."

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