Documentary on Insider Trading

About the Film

Collared: A Story of Insider Trading and White Collar Crime 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 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.  The creation of this project was 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 had its SOLD OUT world premiere screening at 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 on September 20, 2018.

Those who did not get a chance to see it on the big screen can still do so in the comfort of their own home via an online platform.

This CPE/CPD program qualifies as a learning activity for Lawyers in Ontario (contains 2 hours of Professionalism Content), British Colombia and Québec, Chartered Professional Accountants, Chartered Financial Analysts, Certified Fraud Examiners and may also be a qualified learning activity for other business professionals.

Film Synopsis

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.

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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Meet the Student Research Team of the film:

“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.