Order: In the Matter of Majd Kitmitto et al.

Order

IN THE MATTER OF
MAJD KITMITTO, STEVEN VANNATTA, CHRISTOPHER CANDUSSO, CLAUDIO CANDUSSO, DONALD ALEXANDER (SANDY) GOSS, JOHN FIELDING AND FRANK FAKHRY

File No. 2018-70

Adjudicators:

M. Cecilia Williams (chair of the panel)
Sandra Blake
Geoffrey Creighton

June 21, 2022

ORDER

WHEREAS on June 21, 2022, the Capital Markets Tribunal held a hearing by videoconference with respect to scheduling a sanctions and costs hearing with respect to Majd Kitmitto, Steven Vannatta, Christopher Candusso, Donald Alexander (Sandy) Goss and Frank Fakhry (collectively, the Respondents) who were found to have contravened Ontario securities law in the Reasons and Decision dated May 26, 2022;

ON HEARING the submissions of the representatives for Staff of the Ontario Securities Commission and for each of the Respondents;

IT IS ORDERED THAT:

  1. Staff shall serve and file written submissions and any evidence on sanctions and costs by 4:30 p.m. on July 20, 2022;
  2. the Respondents shall serve and file written submissions and any evidence on sanctions and costs by 4:30 p.m. on September 7, 2022;
  3. Staff shall serve and file written reply submissions and reply evidence on sanctions and costs, if any, by 4:30 p.m. on September 21, 2022;
  4. the hearing with respect to sanctions and costs shall be heard by videoconference on October 11 and 13, 2022, at 10:00 a.m. on each day, or on such other dates and times as may be agreed to by the parties and set by the Governance and Tribunal Secretariat.

 

“M. Cecilia Williams ”
M. Cecilia Williams
“Sandra Blake”
Sandra Blake
“Geoffrey Creighton”
Geoffrey Creighton