Defence lawyers Edward and Brian Greenspan argued that their clients should be sentenced to two years less a day of house arrest, followed by three years’ probation. They proposed the pair could serve the community by talking to university students about business ethics.
[The judge] found that Drabinsky and Gottlieb masterminded a scheme of fraudulent accounting that started in 1989 when the Livent was still private, and used those methods to keep it afloat as a publicly traded company from 1993 to 1998.
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