Jay Strosberg
Practice Areas:
- Civil litigation
- Class actions
Jay Strosberg is a partner at Sutts, Strosberg LLP. He practises almost exclusively in the area of class action litigation. He has been involved in the following class action settlements:
- Atlas Cold Storage Income Trust securities class action for $40 million (the third largest securities class action settlement in Canadian history);
- NovaGold Resources cross-border securities class action for $28 million;
- A series of class actions against CIBC World Markets, Inc., Merrill Lynch Canada Inc., Scotia Capital Inc., TD Waterhouse and BMO Nesbitt Burns Inc. concerning foreign exchange charges charged to customers who traded in foreign securities ($30 million);
- Southwestern Resources Corp. securities class action ($15.5 million), which is the first settlement in a securities class action where leave was sought under Part XXIII.1 of Ontario’s Securities Act; and
- CV Technologies securities class action for $7.1 million.
Jay is currently involved in prosecuting several complex class actions, including the Imax Corporation class action, (the first case filed and the first case where leave was granted to commence a class action under Part XXIII.1 of Ontario's Securities Act), the Ticketmaster class actions, the Chocolate Anti Trust class actions and the Guidant implantable cardiac defibrillator class action.
Jay delivers a lecture on the topic of securities class actions at the University of Windsor Law School each year.
Admitted:
Ontario, 2002
Education:
University of Windsor (LL.B.)
Huron University College (B.A.)

Publications:
“Silver v. Imax Corporation: A Heightened Risk for Directors and Officers on Two Fronts?”, Law Society of Upper Canada: Emerging Issues in Directors’ and Officers’ Liability Conference, 2011
"The Problem with the Canadian Approach to Class Counsel Fees", Western Canadian Class Action Conference, 2009
"Moving in the Right Direction: Class Actions in Ontario", Briefly Speaking, January 2008 (an Ontario Bar Association publication)
"Should you Bother? : Is Ontario's Regime for Determining Liability in the Secondary Market Irrelevant?", Osgoode Professional Development Advanced Securities Law Conference, 2007
