- Plaintiffs, ALEX KAN and STUART RATH filed a proposed class action for misrepresentation under the Securities Act. - Defendants include Kew Media Group Inc., Steven Silver (former CEO), and Geoffrey Webb (former CFO). - Plaintiffs seek leave to proceed under section 138.3 of the Securities Act and certification as a class action under the Class Proceedings Act. - Kew Media Group Inc. consents to the orders sought. - **Leave to Proceed:** - Plaintiffs allege misrepresentations in Kew's documents, including working capital, credit facility compliance, financial sufficiency, and others. - Corrective disclosures were made in December 2019 and January 2020, causing a drop in Kew's share value. - Plaintiffs and class members acquired shares after the alleged misrepresentations. - **Certification:** - Class defined as those who acquired securities between March 28, 2017, and January 16, 2020. - Common issues include misrepresentations in documents, certifications by individual defendants, Kew's liability, and damages calculation. - Plaintiffs seek certification for access to justice and judicial efficiency. - Representative Plaintiffs are deemed suitable. - **Notice to Class Members:** - Class members will be notified of the certified class proceeding. - **Disposition:** - Leave to Proceed under section 138.3 of the Securities Act and Certification under section 5(1) of the Class Proceedings Act are granted. - The class is defined as mentioned earlier, and common issues are established. - Plaintiffs' counsel are appointed as class counsel. - Orders will proceed as submitted by Plaintiffs' counsel.