Deloitte to pay $38 million in Delphi case
Accounting Web - January 7, 2008 - Deloitte and Touche, auditors of bankrupt US auto-parts corporation Delphi, have agreed to a $38 million settlement over accusations of impropriety and negligence regarding the company’s 2005 accounting scandal...[Full Text]
Deloitte OK's $38M to Settle Delphi Suit
Forbes - December 27, 2007 - The accounting company Deloitte & Touche has agreed to pay $38.25 million as part of a $325 million settlement of investor claims of misconduct by Delphi Corp. and those that oversaw its finances, it was announced Thursday...[Full Text]
Deloitte to settle Delphi investor suit for $38 mln
Reuters - December 27, 2007 - Deloitte & Touche LLP has agreed to pay $38.25 million to settle an investor lawsuit over alleged accounting improprieties at bankrupt auto parts maker Delphi Corp (DPHIQ.PK: Quote, Profile, Research), plaintiffs' lawyers said on Thursday...[Full Text]
Deloitte & Touche agrees to lawsuit settlement
Crain's Detroit Business - December 28, 2007 - Deloitte & Touche USA L.L.P. has agreed to pay a $38.25 million settlement in a class-action lawsuit over its role as the former external auditor of Delphi Corp...[Full Text]
Deloitte agrees to pay $38 million to ex-Delphi investors
International Herald Tribune - December 28, 2007 - The accounting company Deloitte & Touche has agreed to pay $38.25 million (€26.3 million) as part of a $325 million (€223.9 million) settlement of investor claims of misconduct by Delphi Corp. — the largest auto parts supplier in the U.S. — and those that oversaw its finances... [Full Text]
Deloitte & Touche Adds to Delphi Investor Accord
Bloomberg News - December 27, 2007 - Deloitte & Touche LLP, the former auditor for auto-parts maker Delphi Corp., agreed to pay $38.2 million to settle claims that it failed to detect fraud at the now-bankrupt company... [Full Text]
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