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Posted AT 3:03 PM EST on 05/05/08

Livent trial opens with allegation of ‘large-scale fraud'

Globe and Mail Update

TORONTO — Garth Drabinsky and Myron Gottlieb participated in a “large-scale accounting fraud” at Livent Inc. that included manipulating the company's financial statements in every quarter for five years after the company went public in 1993, a Toronto court heard Monday.

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