Compliance Radar

Who was sanctioned, and for what?

Fines, court rulings and incidents from Europe and North America: 756 cases from 32 jurisdictions, each with an official source and checked against that source before publication. Filter by country, area of law and sector. Click a chart to drill down one level.

1case from 1 jurisdiction
€1.71mTotal of monetary amounts
€1.71mMedian per case with an amount

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Where?

by level
  1. Provinces €1.71m 100 % · 1 case

What for?

by action
  1. Fine €1.71m 100 % · 1 case

Who?

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  1. Other €1.71m 100 % · 1 case

When?

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Q2 20261€1.71m
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1 case

8 May 2026 Stan Bharti und Neil Said (ehem. CEOs der Medivolve Inc.)Medivolve: former CEOs conceal their own share allocation – sanctions running into millions Canada, ONDisclosure and reporting obligations €1.71m

The former CEOs Stan Bharti and Neil Said failed to ensure that Medivolve disclosed that they had received millions of shares in the acquisition of Amino Therapeutics in April 2020; the financial disclosures omitted this related-party transaction. Under the approved settlement: Bharti 785,000 CAD penalty and 915,000 CAD disgorgement, Said 200,000 CAD penalty and 854,000 CAD disgorgement, in each case plus costs.

What organisations can take from it

Transactions in which board members themselves receive shares must be disclosed – and those responsible are personally liable.

Authority / court
Capital Markets Tribunal (Ontario) auf Antrag der Ontario Securities Commission
Area of law
Capital markets and financial supervision · Disclosure and reporting obligations
Legal basis
Securities Act (Ontario), RSO 1990, c S.5, s. 129.2
Action
Fine
Status of proceedings
final
Liability of senior managers
Stan Bharti (CEO/Director): 785,000 CAD penalty, 915,000 CAD disgorgement, 50,000 CAD costs, permanent officer-and-director bar; Neil Said (CEO): 200,000 CAD penalty, 854,000 CAD disgorgement, 46,000 CAD costs, 5-year officer-and-director bar

Original amount 2,754,000 CAD, converted at the ECB reference rate of 8 May 2026.

Checked against the official source on 25 Sep 2026 · Direct link

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