Directory of Livent Resources

Sites about alleged unethical or illegal activities by Toronto entertainment company Livent.

Resources in This Category

A Look at Cooked Books

http://money.cnn.com/1999/07/28/fortune/fortune_earnings/
"Staging Broadway spectacles like 'Ragtime' made Livent one of the worlds most successful theater companies. But telling tall tales in its accounting books may send its founders up the river." [CNN and Fortune]
Livent Does Phantom Biz

http://money.cnn.com/1998/08/10/companies/livent/
"Livent Inc., an entertainment company backed in part by entertainment mogul Michael Ovitz, disclosed Monday that its new management has uncovered 'serious' accounting irregularities that could represent 'millions of dollars' of fake revenue." [CNNfn]
Livent Files for Chapter 11, Sues Co-founders

http://money.cnn.com/1998/11/18/companies/livent/
"Troubled Broadway show producer Livent Inc. Wednesday filed for bankruptcy protection, restated its earnings for the last nine quarters, fired co-founders Garth Drabinsky and Myron Gottlieb and filed a C$225 million lawsuit against them." [CNNfn]
US Officials Indict Former Livent Execs

http://money.cnn.com/1999/01/13/companies/livent/
"The former chairman and president of Toronto-based Livent Inc., the producer of the Broadway show 'Phantom of the Opera,' were indicted Wednesday on charges they bilked about US$4.6 million and 'cooked the books' at the theatrical company to cover massive losses." [CNN/Money]

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