Conrad Black says he isn’t worried about upcoming securities commission hearing

TORONTO – Conrad Black says he is not worried about an upcoming hearing with the Ontario Securities Commission given the fact that many of the charges brought against him in the past have been dismissed or overturned.

The former newspaper executive says he feels any serious legal problems are behind him, and doesn’t appreciate the way leftover matters are often portrayed in the media as much bigger than they are.

He says that the OSC has abandoned the majority of the case it had brought against him in 2005, and that a court-ordered inspection of his time at Hollinger Inc. failed to find “one misspent cent” in his 27 years as head of that company.

The commission is seeking to put restrictions on the ability of Black and two other executives to buy or trade in securities and become directors of any company, as well as to make them pay for any investigative or legal costs. It announced on Friday it would restart the case since proceedings in the U.S. have wrapped up.

The three men were found guilty of three counts of fraud each by a U.S. jury in 2007, and Black was also convicted of one count of obstruction of justice, but an appeals court later tossed two of Black’s fraud convictions.

Black has not yet determined whether he will attend the Aug. 16 hearing in person or not.

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