From the New York Times:
Garth H Drabinsky and Myron I Gottlieb, Canadians who founded Livent Inc, say through their lawyers that they will not come to Manhattan to face criminal fraud charges brought against them by US prosecutors; Federal prosecutors had asked two men to turn themselves in and confront charges they masterminded scheme that defrauded Livent's investors out of tens of millions of dollars while lining their own pockets; Drabinsky's lawyer, Edward L Greenspan, says his client believes it would be 'very difficult' to get fair trial in US; US prosecutors will quickly file papers in Canadian courts to extradite them; that process could take many months; Royal Canadian Mounted Police is also investigating case, but that probe is expected to take more than a year
and
Arrest warrants are issued in US for founders of theater company Livent Inc, Garth H Drabinsky and Myron I Gottlieb, after they fail to appear in Manhattan court to face charges of fraud; pair, both Canadian citizens, will soon become target of extradition proceedings intended to compel them to appear in US courts
and
Royal Canadian Mounted Police charge Livent Inc founders Garth H Drabinsky and Myron I Gottlieb with defrauding investors and creditors of $325 million; former Livent executives Gordon Eckstein and Robert Topol are charged with taking part in schemes to defraud investors and creditors; police say four men falsified financial statements for nine years in effort to misrepresent financial health of company; Drabinsky, through his lawyer Edward Greenspan, reiterates his innocence; Greenspan says Drabinsky will vigorously defend himself
http://www.broadwayworld.com/board/readmessage.cfm?thread=972787#3631451
http://www.broadwayworld.com/board/readmessage.cfm?thread=963561#3533883
http://www.broadwayworld.com/board/readmessage.cfm?thread=955158#3440952
http://www.broadwayworld.com/board/readmessage.cfm?thread=954269#3427915
http://www.broadwayworld.com/board/readmessage.cfm?thread=955012#3441622
http://www.broadwayworld.com/board/readmessage.cfm?thread=954344#3428699