Gornitzky represented the Israeli directors and the internal auditor who served at the Canadian company, Urbancorp, in a petition for the certification of an action as a class action, which was filed by the bondholders, on the grounds of misleading details in the Company’s reports.
After the filing of the response of the directors and the internal auditor, the Petitioner filed a motion to withdraw the directors and the internal auditor, and to dismiss the action against them. The motion was allowed.
The directors and the internal auditor were represented by Partner Maya Sabari.
