Sunday, April 6, 2014

Livent creditors awarded $85-million due to auditors’ negligence

From the Globe and Mail

An Ontario judge has awarded $85-million in damages to the creditors of long-defunct theatre company Livent Inc., ruling the firm’s auditors at Deloitte & Touche were negligent in their reviews of the company’s 1997 financial statements.

http://www.theglobeandmail.com/report-on-business/livent-creditors-awarded-85-million-due-to-auditors-negligence/article17845004/

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