Hogg v. Wealthsimple Inc.
Charles Leigh Hogg
Law Firm / Organization
Dewart Gleason LLP
Wealthsimple Inc.
Wealthsimple Advisor Services Inc.
Wealthsimple Technologies Inc.

Key Issues:

  1. Ex parte motion & Service of Statement of Claim:
    • The appellant's ex parte motion sought an extension for serving the statement of claim.
    • The motion judge set aside this order, stating that Hogg did not provide full and fair disclosure in the ex parte hearing.
  2. Appellant's Cross-motion:
    • The motion judge denied the appellant's cross-motion to retroactively extend the time for service due to the prejudice caused to Wealthsimple by Hogg’s delay.

Appeal Decision:

  • Awareness of Investigation: The court rejected Hogg's claim that the motion judge erred in concluding he knew about the Mutual Fund Dealers Association (MFDA) investigation into Wealthsimple. The motion judge's inference was upheld.
  • Balancing Prejudice: The court upheld the motion judge's finding that Wealthsimple was prejudiced by entering into a settlement with the MFDA, which impacted its defense.
  • Appeal Outcome: The appeal was dismissed, and the respondents were awarded $10,000 in costs.
Court of Appeal for Ontario
COA-23-CV-1283
Civil litigation
$ 10,000
Respondent