Dec 24 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
- Toronto investment dealer Cormark Securities Inc has agreed to pay US$800,000 to settle U.S. Securities and Exchange Commission claims that it repeatedly mislabelled trades on behalf of a hedge-fund client. https://tgam.ca/34GVi2o
- U.S. pension fund Missouri State Employees' Retirement System is suing Catalyst Capital Group Inc. and its founder, financier Newton Glassman, claiming gross negligence and breach of contract related to the Toronto-based private-equity company's dealings with a struggling lender it controlled. https://tgam.ca/3pqFs3X
NATIONAL POST
- Apollo Global Management Inc APO.N won shareholder approval for its US$1.9 billion takeover of Great Canadian Gaming Corp GC.TO sealing a deal that had faced stiff opposition until the private equity firm increased its bid by 15%.