Daily news service
Last June, the OSC issued an order against Wealth Stewards Portfolio Management. The company’s principal, Sushila Lucas, was suspended, along with the registration of the company. This is a relief for the similarly named, Toronto-based Wealth Stewards.
In a conversation earlier this year, Tyers suggested that “most of the business activity that’s gone on with that company’s been in Alberta.” His company has been aware of Wealth Stewards Portfolio Management since 2008. Back then, it decided not to pursue legal actions because it felt the costs would outweigh the benefits.
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