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Investors left with 'significant' tax bill sue B.C. diamond company, advisers for $700K

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Summary
Nutrition label

63% Informative

Winnipeg businessmen sue Arctic Star Exploration Corp. for $ 700,000 in damages.

Sandy Shindleman and his brother, Robert , bought shares in the company in 2015 .

They say they were told the shares they bought were “flow through shares” that would provide them with “significant tax benefits” They received a tax bill in 2022 advising them the shares did not provide any tax benefit.

None of the allegations have been proven in court.

VR Score

71

Informative language

75

Neutral language

64

Article tone

semi-formal

Language

English

Language complexity

72

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources