Daniel is a lawyer in the Toronto office of Siskinds LLP. Admitted in Ontario and New York, Daniel has acted for both class actions plaintiffs and defendants. His focus is on prosecuting cross-border securities litigation.
Daniel was counsel in the Arctic Glacier securities class action and was part of the team that brought the IMAX securities class action. Arctic Glacier and IMAX are the first two cases to be granted leave under Part XXIII.1 of the Securities Act. Both cases also certified common-law misrepresentation claims.
Daniel has acted for individuals, asset managers, pensions and companies in securities fraud litigation, litigation relating to the subprime mortgage crisis, option backdating, Foreign Corrupt Practices Act investigations and white-collar criminal defence (including representing individuals in investigations conducted by the United States Attorney's Office). He has been involved in securities actions in the finance, resource, entertainment, technology, construction, transport, consumer goods, pharmaceutical and medical device sectors.
Prior to joining Siskinds, Daniel was a member of the litigation department at Shearman & Sterling LLP, based in New York, where he focused on the defence of companies accused of securities fraud. His American experience includes both litigation under the Securities Acts of 1933 and 1934, SEC Rule 10b-5 and the Employment Retirement Income Security Act of 1974 ("ERISA"). Daniel articled at one of Canada's leading law firms including a secondment to the Ontario Securities Commission (Enforcement Branch).
Daniel received his B.A. (Hon.) in Political Science and History from the University of Toronto and his J.D. from the University of Toronto, Faculty of Law. Among other honours, he was the recipient of the Brian Dickson Award (Top Orator) at the 2004 Gale Moot and was a championship-winning debater as an undergraduate.
Recent representative matters include: Silver and Cohen v IMAX et al, the first secondary market misrepresentation case to be granted leave in Canada and the top 2010 “Canadian Big Suit” in The American Lawyer (April 2010); Dobbie and Benson v Arctic Glacier Income Fund, the second secondary market case to be granted leave; Metzler Investment GmbH v Gildan Activewear Inc., in which the Class secured a USD$22.5-million settlement in a multi-jurisdictional class action despite the dismissal of the parallel U.S. litigation; Wheeler v China National Petroleum Corporation et al, a novel insider trading case against the Chinese national petroleum companies in which the Class recovered $9.99-million; Lavender and Ferguson v Miller Bernstein LLP in which claims of auditor negligence were certified as a class action; and Ironworkers Ontario Pension Fund v Research in Motion Inc., the first Canadian options backdating case.