The Alberta Securities Commission has issued a Notice of Hearing alleging that Calgary residents Dean Labbe and Julie Labbe engaged in illegal insider trading. The allegations have not been proven. Between May 2018 and June 2024, Dean Labbe is alleged to have obtained material non-public information about publicly traded companies through his work on mergers and acquisitions and other transactions at an investment bank, and to have used that information, along with his mother, for highly profitable trading. The Notice also alleges that, on one occasion while in possession of MNPI about a specific company, Dean Labbe recommended or encouraged two individuals to buy shares of that company. The ASC acknowledged the assistance of Quebec's Autorité des marchés financiers (AMF) in the matter. An appearance to set a hearing date is scheduled for December 18, 2025.
Alberta Securities Commission 2025-12-16
Alberta Securities Commission issues Notice of Hearing alleging illegal insider trading by Dean Labbe and Julie Labbe
The Alberta Securities Commission has issued a Notice of Hearing against Dean Labbe and Julie Labbe for alleged illegal insider trading. Dean Labbe is accused of using material non-public information from his investment banking role for profitable trades and advising others to buy shares. The allegations remain unproven, and the ASC noted assistance from Quebec's Autorité des marchés financiers.