CALGARY, April 12 /CNW/ - The Alberta Securities Commission (ASC) has
issued a Notice of Hearing against Alberta residents John Herbert
Holtby, James Roger Douglas, Jeffrey Scott Bratvold, Kenneth Michael
Burdeyney, Eric John Jaschke, Gayle Marie Walton, Ken Landsiedel, and
Dale Richard Stock, and against B.C. resident Randall George Kowalchuk
for alleged breaches of Alberta securities laws.
ASC staff allege all of the respondents, with the exception of Dale
Stock, were in a special relationship with Eveready Inc. and were in
possession of material information not publicly disclosed when they
purchased Eveready shares between January and April of 2009. ASC staff
further allege that Holtby, a director of Eveready at the time,
"tipped" this information to several people, and the other respondents
received this information from Holtby, or from others he had tipped.
ASC staff further allege that Holtby, Douglas, Bratvold and Stock all
concealed or withheld information from ASC staff. As a result, ASC
staff allege that each of these respondents, through the actions noted
above, breached Alberta securities laws.
An appearance to determine a date for a hearing is set for Thursday, May
12, 2011, at 10 a.m. in the ASC Hearing Room on the 5th Floor, 250 - 5th Street S.W., Calgary, Alberta.
A copy of the Notice of Hearing is available on the ASC website at www.albertasecurities.com.
The ASC is the regulatory agency responsible for administering the
province's securities laws. It is entrusted to foster a fair and
efficient capital market in Alberta and to protect investors. As a
member of the Canadian Securities Administrators, the ASC works to
improve, coordinate and harmonize the regulation of Canada's capital
SOURCE Alberta Securities Commission
For further information:
| For Media Inquiries: |
| Lorinda Brinton |
Senior Advisor, Investor Education
| For Investor Inquiries: |
| ASC Public Inquiries |
Toll Free 1.877.355.4488