Sajjad (Sage) Nematollahi is a litigation lawyer admitted to the practice of law in British Columbia, Ontario and New York State. His practice includes complex commercial litigation and class actions, with a focus on capital markets, cybersecurity and privacy litigation. Sage also provides consulting and advisory services to select clients in relation to Canadian securities and privacy laws and regulation, class action litigation and risk management.
Sage has significant experience with Canadian and cross-border securities litigation, acting for both retail and institutional investors. His experience includes several high-profile securities class actions in Canada over the past decade, including joint proceedings under Canada’s federal insolvency legislation, the Companies’ Creditors Arrangement Act, and proceedings in relation to plans of arrangement under provincial business corporations legislation. Sage has successfully represented plaintiffs in Valeant Pharmaceuticals International Inc. Securities Litigation (resulted in settlements in the aggregate amount of $127 million), Sino-Forest Corporation Securities Litigation (resulted in settlements in the aggregate amount of more than $160 million), Poseidon Concepts Corporation Securities Litigation (resulted in a settlement in excess of $34.5 million) and Canadian Solar Securities Litigation (resulted in a settlement in the amount of US$13 million).
Sage also has significant experience with data breach and consumer privacy litigation, where he represents Canadians impacted in significant cybersecurity and privacy breaches. A strong advocate for an individual’s fundamental right to protect their identity, Sage has prosecuted a number of high-profile privacy class proceedings in Canada. His representative work includes the privacy breach class action against Facebook arising out of the Cambridge Analytica scandal, the class action against Marriott International arising out of the massive data breach reported in 2018, and class actions involving Bank of Montreal and Canadian Imperial Bank of Commerce’s Simplii Financial arising out of a data breach reported in 2018 (settled for a meaningful compensation to affected clients of the banks).
Sage holds a Master of Laws degree from Harvard Law School, where he represented his class at the Harvard Law School Student Government, and a Master of Laws degree from McGill University, Faculty of Law, where he served as a Councilor at McGill University Post-Graduate Students’ Society. He earned his Bachelor of Laws degree from the National University of Iran with high honours.
Sage enjoys studying the intersection of law and economics and business strategy, arts and outdoors, and speaks English and Farsi.