By Adam B. Vary
Updated April 26, 2010 at 07:55 PM EDT
Chris Hatcher/PR Photos

Image Credit: Chris Hatcher/PR PhotosConfirming earlier reports that Lindsay Lohan had been fired from the independent film The Other Side, John Molli, one of the film’s producers, tells EW in an e-mailed statement that “financiers have been resistant to finance the movie with Lindsay in the lead role.” Molli denies reports that the entire cast has left the film, adding that the production “will announce [Lohan’s] replacement soon, as well as the addition of other formidable actors.”