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Canadian National Railway Company Message Board

  • smokedlobster smokedlobster Jun 13, 2012 12:05 PM Flag

    I Smell A Juicy Lawsuit...

    Billionaire entrepreneur Michael Lee-Chin plans a comeback in the investment fund business this fall after selling assets in AIC Ltd. only three years ago to Manulife Financial Corp.

    Mr. Lee-Chin, who also owns a portfolio of investments in Caribbean businesses, will begin offering mutual funds and private equity funds to Canadian investors after his non-compete obligations to Manulife end Sept. 30.
    -------------------------------------------------

    Clearly a major financial player like Manulife should have no qualms with suing him into the stone age...after all, Lee-Chin sold everything he ever knew about equity investing and the capital markets with AIC...right, Claude?

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CNI
74.30-0.59(-0.79%)Sep 19 4:04 PMEDT

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