Investor Protections in Quebec... Should I or shouldn't I?

[billybobjovialdechicoutimi]

Any views? Should I disseminate this (assuming a press release outlet even agrees to distribute it)? Some friends say that the judges will make my life miserable (I tell them, how can it be worse than it is?)

 

 

MONTREAL, QUEBEC, October 10th, 2025 - On September 18th, 2025, Quebec Superior Court justice Luc Morin issued a ruling in files 500-17-132265-243 and 500-17-125976-236 containing important jurisprudence for Quebec investors:

 

1. Employment by a publicly-listed Quebec company or trust ("PublicCo") of board-member relatives:
   1. requires no disclosure to beneficiaries even if the PublicCo is widely held;
   2. can be actively hidden by interested parties with no repercussion;
   3. is not a conflict of interest but a possible conflict of interest;
   4. a beneficiary denouncing this commits a "low blow";
2. Administrators of other people's property on the board of a PublicCo ("Trustees") can ignore their beneficiaries' questions;
3. Trustees can proceed without diligence, prudence, honesty and loyalty towards their mission and beneficiaries if they can demonstrate that:
   1. the beneficiary denouncing failures ('Whistleblower") has "personal grievances"
   2. the Whistleblower's efforts personally harm them, regardless of the mediocrity of the Trustees' stewardship or their past failures
4. In convincing Courts that a beneficiary has "personal grievances":
   1. Trustees can post for no reason whatsoever a picture of the residence of the Whistleblower;
   2. owning forty (40) times the threshold set by relevant Quebec securities laws in the PublicCo is insufficient to demonstrate good faith;
   3. beneficiaries' efforts to replace Trustees and ensure proper stewardship of their capital cannot be a good faith motivation;
   4. filing complaints with Quebec securities regulators ("AMF") demonstrates bad faith even if the resulting investigation continues unimpeded for more than a year;
5. Before the AMF issues results of a PublicCo investigation, Courts can declare the Whistleblower a vexatious complainant and thereby prohibit it from denouncing financial irregularities at any PublicCo to the AMF for the rest of its life;
6. Even when proven to influence Court rulings, perjury can be ignored;
7. Bar perjury investigations can be cancelled by Courts before their completions;
8. Good faith efforts to avoid suffering by pet owners worried of a possible illegitimate separation is not a worthy cause: that suffering is trivial and does not even deserve being mentioned.

 

Exhausted and lacking trust in Quebec's justice system, Behrak Shahriari will not appeal this ruling, despite its sad consequences on the investment community's trust in Quebec.

 

For more information, please contact:

 

Behrak Shahriari

[email protected]

[LC]

You are fighting a losing battle, friend. You need support from high places to make the changes you are suggesting. 

 

For what it's worth I agree with your position - the issues you have raised are a black mark on the QC investment community, for sure.

However QC judges are not going to rule in your favor, nor will lawmakers make any changes addressing your concerns, without a big gorilla in your corner. 

 

Just my two cents - I think you either need to lay it to rest, or spend your time courting powerful friends. Perhaps newly elected politicians who want to make a name for themselves? 

Appealing to the good conscience of the justices / public I think will have limited impact. Good luck, I enjoy the periodic updates of this saga/crusade.

[billybobjovialdechicoutimi]

It's less about making changes than just leaving a mark for some younger stronger (crazier) person to take over...

 

I have a limited number of days to appeal that ruling and in Quebec at least, it seems that if you don't appeal - because say you're an imbecile like me, who's doing all of this on his own dime for the good of the entire Province - lawyers use that after to argue that you totally agree with whatever asinine ruling the judge put out...

 

(and not that you are so terrified by the judges' incompetence that you simply don't dare ask another judge to make everything even worse... after paying yet another $5k)

 

So that press release is just saying: "ok, Quebec, that's what you think is fair, well that's what that actually implies for all investors: keep your money in your pocket or invest it anywhere you want except in Quebec"

 

And then you have local superstar investors like Rochon from Giverny highlighting that Quebec is the poor child of the OECD or the world in terms of investment destination...

 

Well... duh!... Go figure... you cannot have it both ways: we either decide as a province that it's not ok to let some shady dude hire his entire family and have others pay for it, or that it's totally ok (and anyone denouncing it commits a "low blow")... but then no money..."

 

 

There's a French saying from an old show (very funny actually).... "Pas de bras, pas de chocolat"... Well Quebec sorry, but "Pas de gouvernance adequate, pas d'investissements"

 

... and we can have tourists from all around the world come here every Summer because we are a "cheap" destination:.... Yay!!!

[billybobjovialdechicoutimi]

(that last line was sarcastic... FYI)

[billybobjovialdechicoutimi]

anyway... re. the press release... moot point, PR Newswire refuses to distribute it...

 

"prohibit content that includes personal opinions about judges or institutions, allegations of misconduct, or commentary on ongoing legal matters."

 

so the legal matter in case 500-17-132265-243 is over so nothing is "ongoing"

there is no allegation of misconduct on my part on the judge, I am saying what he ruled

there is no personal opinion on the judge, again I am stating the precedents stated by the judge....

 

anyway there you have it... freedom of speech in Canada

 

 

 

Other important tidbits considering today's court developments in case 500-11-066106-259 at the Quebec Superior Court where BTB REIT (the trust itself) is suing me for defamation


1-
My posts from 3 weeks ago begging Stockhouse to delete my account have also been submitted to the Court to show how defamatory I am

2-
Any newbie coming in to this bullboard should note that posting anything remotely negative here could get you a lawsuit from BTB REIT's lawyers (Stikeman Elliott) and their threshold for what is defamatory is now famously low (and it will be much more famous soon)

3-
Your capital, dear BTB REIT unitholder, can be used at will to defend the trustees' personal interests and it will be notably used to ensure the "psychological security" of the BTB REIT Trustees on the following upcoming days of hearings at the Quebec Superior Court:


A-
November 17th, 2025 -
all day to remove and stop unspecified defamatory content on my part, including everything on Linkedin and YouTube

B-
November 24th, 2025 -
to argue that the BTB REIT trustees can use your money for whatever purpose suits them and that my countersuit asking for punitive damages for this shameless abuse of unitholders' funds should be dismissed without a hearing from the get go



You probably noted the implicit arrogance of the BTB REIT trustees (even by their standards) convinced that nothing between today and November 17th, 2025 could possibly happen to substantially changed their frivolous position.

Finally, please note that this post itself and the one before it (and basically anything that comes out of me) will likely be used in Court by Stikeman Elliott against me, so please note the elevated "risks to my psychological security" I am willing to take in order to convey the above useful information to you...

... You're welcome!

[billybobjovialdechicoutimi]

Does anyone have any insights on the fragility of the psychological security of Darcy Morris and his team at Ewing Morris?

Feel free to post insights on this topic on my linkedin page here:https://www.linkedin.com/feed/update/urn:li:activity:7391877128406990848/

Or right here on COBF if you prefer.

I would like to assess how often they intend to sue me directly or indirectly via BTB REIT for opening my mouth.