I have stocks for Leadley Gunning & Culp. Leadley was charged with misappropriating funds and selling securities without a licence These stocks were sold to me by A.C.MacPherson & Co Inc.
John MacPherson was thrown out of the brokerage business for defrauding customers.
My question to you is can I get compensation eligible to victims of fraud?
Carolyn, unfortunately, I don't believe there was any class-action lawsuit or any fraud recovery for either Leadley or A.C. MacPherson. In each case, the companies went out of business over a decade ago, so if there was any money to be recovered it would be far too late to initiate a recovery attempt today. However, you might check with the Ontario Securities Commission and confirm there was no recovery in either case - www.osc.gov.on.ca