Documentary on Insider Trading

Collared: A Story of Insider Trading and White Collar Crime

Collared offers an unparalleled insight into the world of white-collar crime through the revealing testimony of an ex-insider trader who is still struggling with the tragic consequences of what was the most prolonged insider trading scheme ever discovered by American and Canadian securities investigators.

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Collared at Hot Docs for Continuing Professional Education

Collared premieres on September 20, 2018 at Hot Docs for Continuing Professional Education. This viewing is a valid CPD/CPE learning activity for professionals with Continuing Education obligations such as lawyers (contains two hours of Professionalism), accountants, Chartered Financial Analysts and other investment or finance professionals.

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Canada’s one and still only criminal conviction for insider trading ended in tragedy. The fifteen-year scheme, revolving around the illegal activities of two best friends, spanned the American and Canadian border, over one hundred separate deals, and millions of dollars in transactions.

Joseph Grmovsek and Gil Cornblum met during their first week of law school. Following graduation, Cornblum became partner at a prestigious firm in New York City—all the while feeding inside information back to his friend in Toronto for million-dollar gains in what is believed to be the most prolonged insider trading scheme ever uncovered by American and Canadian securities investigators.

After being identified, Grmovsek cooperated with authorities, pled guilty and began his 39-month prison sentence in Canada. Cornblum, however, never made it to his sentencing, tragically killing himself a day before he was scheduled to travel to New York to plead guilty.

Collared offers an unparalleled insight into the world of white-collar crime through the revealing testimony of the surviving member of this insider trading duo. The intimate insights shared by reformed white-collar criminal Grmovsek, complement interviews with leading scholars, former prosecutors, and forensic psychologists, and comes together in a documentary that serves as a painful reminder of the gravity of white-collar crime and its unseen victims, and the importance of identification and prevention.

To learn more, visit the documentary’s official website.

Collared is a visual legal advocacy project supported by the Fund for Innovation in Law and Media (FILM) established at Osgoode Hall Law School of York University, as well as in partnership with the Hennick Centre for Business and Law.  This project is led by lawyers/filmmakers Étienne Trépanier and Garrick Apollon who are Fellows of the FILM initiative and Senior Fellows of the Hennick Centre for Business and Law of York University. The project is now completed and is being released by Hot Docs for Continuing Professional Education as an accredited learning activity for professionals aimed at prevention of white-collar crime and promotion of business and legal ethics.

Meet our Student Research Team:

Nadia Aboufarris – JD’17    Jameel Lodhi – JD’18 Diana Pegoraro – JD’17   Dani Palter – JD/MBA’19
 Jessie Dewdney – JD’18  Katherine Shelley – JD’17  Alvin Wang – JD’18

About the FILM initiative

Osgoode Hall Law School of York University has established the Fund for Innovation in Law and Media (FILM) to assist its law students, visual and digital technology experts, and members of the legal profession and judiciary in developing and delivering new visual advocacy approaches in the justice system.

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“So many aspects of our world are driven by digital and visual media. The possibilities for visual advocacy to enhance the justice system and enrich the quality of advocacy are tremendous” – Former Dean Lorne Sossin

One of the main goals of the FILM Initiative is to promote the access to justice by producing documentaries for the general public, grounded in the stories of people and the law.