The British Columbia Securities Commission (BCSC) reached a settlement with Christine Mah, a former director of RoccaVerde Wellness Corporation, imposing a six-year ban from participating in the investment market and requiring her to pay CAD 5,000 for participating in illegal securities distributions. RoccaVerde distributed securities to investors 14 times, raising CAD 133,500 without filing a prospectus and without relying on an exemption under British Columbia’s Securities Act. All investors lost their money. Mah admitted she took no steps to ensure the company complied with prospectus requirements, and the settlement notes her role in day-to-day internal financial operations, including maintaining the general ledger and depositing investor payments; the ban restricts her from being a registrant, promoter, or director or officer of any issuer, and limits trading to her own account through a registered dealer.
British Columbia Securities Commission 2025-06-18
British Columbia Securities Commission settles with former RoccaVerde director and imposes six-year market ban for illegal securities distributions
The British Columbia Securities Commission (BCSC) settled with Christine Mah, former director of RoccaVerde Wellness Corporation, imposing a six-year market ban and a CAD 5,000 penalty for illegal securities distributions. RoccaVerde raised CAD 133,500 through 14 unregistered distributions, resulting in investor losses. Mah admitted to neglecting prospectus compliance, and her ban restricts her from roles such as registrant, promoter, or director, and limits trading to her own account.