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SCC slashes damages award against Deloitte, cuts scope of auditor’s liability in Livent case

Wednesday, December 20, 2017 @ 5:21 PM | By Cristin Schmitz

In a 4-3 decision on the liability of auditors for negligent misrepresentation, the Supreme Court has slashed from $85 million to $40.5 million (plus interest) the damages that Deloitte LLP must...