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Dimitri Lascaris

Dimitri Lascaris is a partner in Siskinds' Class Actions Department.  He graduated from the University of Toronto Faculty of Law in 1991. He was admitted to the bar of the State of New York and the Federal District Court for the Southern District of New York in 1992, and the Law Society of Upper Canada in 2004.

Before joining Siskinds, Mr. Lascaris practiced in the New York and Paris offices of Sullivan & Cromwell. While at Sullivan & Cromwell, he represented the underwriting syndicate in what was, at the time, the largest initial public offering of common stock in United States history.  He also acted on behalf of the Republic of France in the privatization of state industries, and the Bank of Greece and the German development bank in numerous cross-border securities offerings. 

Mr. Lascaris' class actions practice is concentrated in the field of securities law.  He has acted as counsel to plaintiffs in numerous domestic and cross-border class actions alleging misrepresentations in prospectus offerings and in the secondary securities market.  He also acts for shareholders in derivative litigation.  Mr. Lascaris was lead or co-lead counsel in:
  • FMF Capital Group Securities Litigation (C$29 million settlement and corporate governance reform);
  • Gildan Activewear Securities Litigation (US$22.5 million settlement); 
  • Southwestern Resources Corp. Securities Litigation, the first case settled under Part XXIII.1 of the Ontario Securities Act (C$15.5 million settlement);
  • Arctic Glacier Securities Litigation (C$13.75 million settlement);
  • CP Ships Securities Litigation (C$12.8 million settlement);
  • PetroKazahkstan Securities Litigation, the first insider trading class action in Canada (C$10 million settlement);
  • Royal Group Technologies Securities Litigation (C$9 million settlement);
  • CV Technologies Securities Litigation (C$7.1 million settlement);
  • Molson-Coors Securities Litigation (US$6 million settlement);
  • Canadian Superior Energy Securities Litigation (C$6 million settlement);
  • Research in Motion Derivative Stock Options Litigation, the first options-backdating case in Canada (C$5 million settlement and corporate governance reform);
  • TVI Pacific Securities Litigation ($2.1 million settlement and corporate governance reform); and
  • Bear Lake Gold Securities Litigation ($1.3 million settlement and corporate governance reform).
Mr. Lascaris was also co-counsel to the Canadian plaintiff in the Biovail Securities Litigation, which was settled in 2008 for US$138 million and extensive corporate governance reform. Mr. Lascaris is currently prosecuting numerous domestic and cross-border securities class actions, including the Imax Corporation Securities Litigation, which is the first case for which leave has been granted under Part XXIII.1 of the Ontario Securities Act.  
 
Mr. Lascaris speaks English, French and Greek.

Publications & Teaching Summary

Mr. Lascaris has been quoted frequently in the national and international media, including the National Post, the Globe and Mail, the Wall Street Journal, the Toronto Star, the Calgary Herald, the Vancouver Sun, Canadian Business Magazine, Canadian Lawyer, the Law Times, the Lawyers Weekly, Lloyd's List (U.K.), the National Law Review (U.S.), the American Lawyer (U.S.), the Street.com (U.S.), and Caijing Magazine (China). He has also appeared as a commentator on the Business News Network.

Publications & Teaching

Mr. Lascaris has been quoted frequently in the national and international media, including the National Post, the Globe and Mail, the Wall Street Journal, the Toronto Star, the Calgary Herald, the Vancouver Sun, Canadian Business Magazine, Canadian Lawyer, the Law Times, the Lawyers Weekly, Lloyd's List (U.K.), the National Law Review (U.S.), the American Lawyer (U.S.), the Street.com (U.S.), and Caijing Magazine (China). He has also appeared as a commentator on the Business News Network.
  • The Canadian chapter of the book Shareholder Claims 1st ed. (UK: Jordan Publishing Limited, 2012), co-authored with Anthony O’Brien
  • “New Developments in Securities Class Actions”, The Canadian Institute, 12th Annual National Forum on Class Actions Litigation, September 2011
  • “Class Actions Ethics”, Osgoode Professional Development, 8th National Symposium on Class Actions, April 2011
  • Certification of Reliance-Based Claims in Class Actions, April 30, 2010
  • "Questions of Ethics regarding Class Actions", Class Actions: Recent Developments in Quebec, Canada, United States and Europe, Quebec Bar Association, October 2009
  • " The Statutory Secondary Market Liability Regime in the OSA " , Law Commission of Ontario Joint & Several Liability Roundtable, October 2009
  • "The Future of Litigation under Part XXIII.1 of the Ontario Securities Act", 2009 OBA Institute Civil Litigation Program: When the Butterfly Flaps Its Wings: Cross-Border Litigation in Your Practice, February 2009.
  • "Prosecuting and Defending Secondary Market Securities Class Actions: An Emerging Threat for Securities Issuers", The Canadian Institute - 9th Annual National Forum on Class Action Litigations, September 2008.
  • "Rule 10b-5 Versus Part XXIII.1: Where are the Rights of Investors Best Protected?", A.D. Lascaris and C.M. Wright, Osgoode Professional Development, 4th Annual Symposium on Class Actions, April 2007.
  • "Institutional Investors, Shareholder Activism and Class Actions: The Preservation of Market Integrity", Benefits & Compensation Digest, Vol. 41, No. 11, November 2004.