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Erik Lie Submits Affidavit in Canadian Case

An Ontario pension fund seeking to sue Research In Motion (RIM) Ltd.'s audit committee on behalf of the company in a so-called derivative action added RIM's co-chief executives and its former chief financial officer to the proposed action. In addition, the Ironworkers submitted a supplemental affidavit from ERIK LIE in support of its case. Lie is an associate finance professor at the University of Iowa and one of the first academics to identify the stock-option-backdating trend.

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