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Canopy Financial is accused of fraud — The health IT company, which raised $85 million in venture capital, allegedly made fraudulent financial statements, even forging some with fake KPMG letterhead. Spectrum Equity Investors may have taken the biggest loss on their recent $62.5 million investment in the company,... (Read more)
Reprinted with permission from VentureBeat. Story copyright 2009 VentureBeat Inc. All rights reserved.






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