Alberta Securities Commission - Trial Date Set for Orest Rusnak



    CALGARY, April 12 /CNW/ - A trial date has been set for November 16, 2007
in Edmonton Provincial Court to address allegations that Orest Rusnak breached
an Alberta Securities Commission (ASC) order. In 2000, the ASC ordered Rusnak
to cease trading in securities, resign as director or officer of any issuer
and not become or act as an officer or director of an issuer for 20 years. It
is alleged that Rusnak breached this order by acting as a director or officer
of twenty different Alberta corporations, including Academy Financial Inc. and
Legal Structures Inc. An earlier press release mistakenly stated that Rusnak
was only prohibited from becoming or acting as a director or officer of a
public company. The term issuer includes both public and private companies.
The ASC apologizes for any confusion caused by the use of the term "public
company".
    A copy of the order is posted 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 markets.





For further information:

For further information: For Media Inquiries: Tamera Van Brunt,
Director, Communications and Investor Education, (403) 297-2664; For Investor
Inquiries: ASC Public Inquiries, (403) 297-4296, Toll Free 1-877-355-0585


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890