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Canadian public companies: Impacts of COVID-19 on earnings guidance

By , Andrea Johnson, and Matthew Fleming
March 16, 2020
  • Securities Litigation
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Canadian public companies are contending with many issues stemming from the COVID-19 pandemic. Companies must extend specific issue of earnings guidance, including reviewing some fundamental concepts on timely disclosure. In the current market conditions, featuring both demand and supply shocks, many issuers are experiencing business impacts that amount to a material change or new material information.

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Andrea Johnson

About Andrea Johnson

Andrea’s practice focuses on corporate and securities law, with an emphasis on technology and emerging growth companies. She has extensive experience in the private equity and venture capital area and has acted as lead counsel on many of the largest VC financings in Canada. Andrea also advises TSX-listed companies on IPOs, financings (including PIPEs), mergers and acquisitions, stock-based compensation and corporate governance.

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Matthew Fleming

About Matthew Fleming

Matthew Fleming is a partner in the Litigation and Dispute Resolution group of Dentons’ Toronto office and is the Co-Lead of the Firm’s global Financial Services Litigation group. His practice focuses on commercial litigation, including securities litigation, class actions, product liability and professional liability matters.

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