AGF Management Limited (AGF_B.TO) said Saturday that the company and AGF Investments Inc. have issued a Statement of Claim in the Ontario Superior Court of Justice alleging that a U.S. investment company, its executive recruitment firm, and certain individuals including ex-fund manager Patricia Perez-Coutts orchestrated an attempted unlawful "lift-out" of an entire team of experienced investment managers in breach of their legal obligations.
The Claim alleges that the attempted unlawful lift-out was planned so as to inflict damage to AGF, while at the same time inappropriately rewarding certain ex employees, including Patricia Perez-Coutts to work with them to affect the improper lift out.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.