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Metrolink exec quits in wake of accounting problems

Posted on February 12, 2013

LOS ANGELES — The Los Angeles Times reported that Metrolink’s Chief Financial Officer resigned over the weekend over an internal report that claimed accounting irregularities and poor management and record-keeping.

The report found that Metrolink does not have enough cash reserves to meet its current obligations and that another cash account was underfunded by nearly $66 million. For the full story, click here.

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