CIBC defeats former employee Bockhold in court
2025-05-12 19:34 ET - Street Wire
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by Mike Caswell
CIBC Wood Gundy has won a $292,587 judgment against Murray Bockhold, a former employee who claimed he was wrongfully dismissed for reporting "malfeasance and market manipulation" with small mining companies. Mr. Bockhold said that investigators from multiple regulatory bodies would have testified about illegal trading practices of CIBC and others, but those investigators were intimidated and their evidence was suppressed. He also said that a CIBC executive provided false testimony "designed to mislead the court" and to shield CIBC's role in wrongful activities worth as much as $4-billion.
The decision against Mr. Bockhold is contained in a judgment released by the Supreme Court of British Columbia on Monday, May 12. A judge has ordered Mr. Bockhold to pay $250,000, representing money he owes on a loan he had obtained from the firm, plus interest. The judge has also ordered Mr. Bockhold to pay CIBC's legal fees.
Monday's ruling follows litigation between CIBC and Mr. Bockhold that has some history and included allegations of fraud on a large scale. The matter goes back to 2018, when CIBC fired Mr. Bockhold, who was an employee of five years. Mr. Bockhold disputed his firing, claiming that CIBC had dismissed him for whistle-blowing activity, and he sued the firm. CIBC, meanwhile, claimed that Mr. Bockhold owed $600,000 from a loan he had received.
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He is right, the banks are involved and have been for quite some time in shorting the miners to KEEP THE PUBLIC OUT !
Posted by Wipe out at 2025-05-13 10:18
so with this verdict all those poor dudes who had shi tty lawyers defending them and were placed in USA prisons and made to disgorge profits due to "wash trading" or other accusations brought before this court and turned aside by the Judge in this case because those are ludicrous possible situations, so those poor dudes can get their money back from the lawyers that misrepreented them and the SEC.
The world has seen that USA judges make up rulings to punish not based on law with the Trump executive orders, and here in a real court in Canada, a judge has set th precedent on those bullshit made up accusations of regulators who cannot defend the accusations and theories in a real court of law.
Posted by oh at 2025-05-13 10:32
all these toronto based bank traders all got laid out on the newpoint in 2018 when millions and millions of shares traded and it went fro shorted at 5 cents to $1 traded and halted.
All those stock sellers at 3-5 cents got their ppeppeee's slapped around, all because those banks dumbass traders shorted illegally, the cicb dudes got their recovery at as ahigh as 22 cents the others called ciro to halt the trading but had to buy back over $6 a share privatetly from the usa promoters...
Posted by oh at 2025-05-13 10:35
wrongful activities worth as much as $4-billion... 4 Billion!!!
gross.
Posted by doh at 2025-05-13 15:20