The defendants (except FCMI) brought a motion for summary judgment to dismiss the plaintiff's action.
The plaintiff had invested $1,000,000 in a mining exploration venture and claimed damages for fraudulent misrepresentation and unlawful conversion.
The plaintiff consented to dismissing the conversion claim against the moving defendants.
Regarding the fraudulent misrepresentation claim against the defendant Brodsky, the court found genuine issues requiring a trial, particularly concerning credibility and whether the plaintiff was misled into believing it was purchasing shares in FCMI rather than Sillenger.
The court declined to use its enhanced fact-finding powers, concluding a trial was necessary.
The motion was granted in part on consent for the conversion claim, but dismissed regarding the misrepresentation claim.