Seems to be the same as this upstream bug:
http://parted.alioth.debian.org/cgi-bin/trac.cgi/ticket/10
** Changed in: parted (Ubuntu)
Importance: Undecided => Medium
Assignee: davmor2 => (unassigned)
Status: Incomplete => Confirmed
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Parted fails to detect partitions larger than drive
https://bugs.launchpad.net/bugs/50959
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