The appellant appealed a summary judgment dismissing his negligent misrepresentation claims against former directors, officers, and consultants of a corporation in which he invested.
The motion judge found the claims were statute-barred under the Limitations Act, 2002.
The Court of Appeal upheld the decision, agreeing that the appellant knew the material facts more than two years before asserting the claims and that the proposed amendments advanced new causes of action unconnected to the original pleadings.
The appeal was dismissed.