Ryan Morris
Partner | Toronto
Toronto: 416-863-2176

Ryan's practice focuses on corporate, transactional, securities and broker/dealer litigation, regulatory proceedings, and class actions. He has significant experience defending securities class actions involving prospectus misrepresentation and secondary market disclosure. He also regularly acts on matters involving contested share sale transactions, oppression and fair value proceedings, applications with respect to shareholder rights plans and proxy contests, and statutory plan of arrangement proceedings.

Ryan advises investment dealers on matters of regulatory compliance and has represented clients in regulatory investigations and hearings conducted by the Ontario Securities Commission and other provincial securities commissions, the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA). He spent six months on secondment as legal counsel to one of Canada's largest securities broker/dealers.

Ryan has appeared as counsel in the Supreme Court of Canada, the Court of Appeal for Ontario, the Federal Court, the Ontario Superior Court of Justice, the Ontario Securities Commission and other administrative tribunals, and in commercial arbitrations and mediations.

  • Successfully defending The Stars Group Inc. in an application to prevent the conversion of its convertible preferred shares to common shares

  • Counsel to Instacart in connection with its acquisition of Unata Inc., provider of digital solutions to grocers

  • Counsel to Washington Companies in connection with its C$1.5-billion acquisition of Dominion Diamond Corporation

  • Acting for an English coverholder and syndicate of Lloyd’s underwriters in staying a Canadian action against them in favour of arbitration in London, England under LCIA Rules

  • Counsel to Celestica Inc. on its successful appeal before the Supreme Court of Canada to uphold the limitation period for bringing a statutory secondary market securities class action

  • Defending a syndicate of underwriters in a secondary market securities class action against Detour Gold Inc. and its former CEO

  • Counsel to the former CFO of Cash Store Inc. in defence of a primary and secondary market securities class action against Cash Store Inc. and its former officers and directors

  • Counsel to Suncor Energy Inc. on its C$6.6-billion acquisition of Canadian Oil Sands Inc.

  • Advising the Independent Trustees of CentralGold Trust in connection with the acquisition of CentralGold Trust by Sprott Asset Management

  • Counsel to BCE Inc. in connection with its C$670-million acquisition of Glentel Inc. and the sale of 50 percent of Glentel Inc. to Rogers Communications Inc.

  • Counsel to Agrium Inc. on its successful proxy contest with dissident shareholder JANA Partners LLC

  • Acting for an international bank's securities dealer in regulatory proceedings related to the asset-backed commercial paper market freeze

  • Counsel to BHP Billiton on its US$40-billion offer to acquire Potash Corporation of Saskatchewan

  • Representation of investment dealers and investment advisers in the defence of broker/dealer liability claims


Ryan is recognized as a leading practitioner in the following publications:

  • The Canadian Legal Lexpert Directory 2018 (Litigation - Securities)

  • Lexpert’s Rising Stars 2017: Leading Lawyers Under 40

Show Past:
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Blakes Bulletin on Litigation & Dispute Resolution, September 6, 2018.
Blakes Bulletin on Securities Litigation, April 5, 2018.
Blakes Bulletin on Litigation & Dispute Resolution, December 7, 2016.
Blakes Bulletin on Securities Litigation, April 28, 2016.
Blakes Bulletin on Litigation & Dispute Resolution and Securities Litigation, April 27, 2016.
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