Notice of Hearing: In the Matter of Portus Alternative Asset Management Inc. et al. - Michael Labanowich

Notice of Hearing

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, as amended

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IN THE MATTER OF PORTUS ALTERNATIVE ASSET MANAGEMENT INC.,
PORTUS ASSET MANAGEMENT INC., BOAZ MANOR, MICHAEL MENDELSON,
MICHAEL LABANOWICH and JOHN OGG

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IN THE MATTER OF A SETTLEMENT AGREEMENT BETWEEN
STAFF OF THE ONTARIO SECURITIES COMMISSION
and MICHAEL LABANOWICH

NOTICE OF HEARING
(Sections 127 and 127.1)



    TAKE NOTICE that the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), at the offices of the Commission located at 20 Queen Street West, Toronto, 17th Floor, on August 27, 2012 at 3:00 p.m. or as soon thereafter as the hearing can be held;

    AND TAKE NOTICE that the purpose of the hearing is for the Commission to consider whether it is in the public interest to approve the settlement agreement dated August 22, 2012 entered into between Staff of the Commission and Michael Labanowich;

    BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Commission dated October 5, 2005 and such additional allegations as counsel may advise and the Commission may permit;

    TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel, if that party attends or submits evidence at the hearing;

    AND TAKE FURTHER NOTICE that upon the failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party, and such party is not entitled to any further notice of the proceeding.

    DATED at Toronto this 23rd day of August, 2012.

 

" John Stevenson "
John Stevenson
Secretary to the Commission