RE:RE:OSC and HCG settle !!! “These settlements will enable us to move forward with regaining the confidence of our depositors and shareholders and creating value for all our stakeholders,” board chair Brenda Eprile said in a statement.
“Home Capital will accept full responsibility for failing to meet its disclosure obligations to the marketplace and appreciates the importance of the serious concerns raised by the (Ontario Securities) Commission with respect to continuous and timely disclosure,” she said, adding that the company “acknowledges that the Commission is not to blame for the events of recent months involving its liquidity position.”