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: Securities Law Prof BlogTwo Deloitte Accountants Settle Charges Involving Delphi Audits
By Securites Lawprof
Full post as published by Securities Law Prof Blog on February 26, 2008 (boomark / email).
Deloitte & Touche Settles Delphi-Related Claims
Deloitte & Touche LLP, an auditing firm, has announced the preliminary settlement of the claims brought against it in the Delphi securities class action (E.D. Mich.). The case, originally filed in 2005, stems from Delphi's financial restatement and subsequent bankruptcy...
GM, Deloitte, to Pay Combined $303M to Settle Securities Class Action
This news just in from plaintiffs lawyers at Grant & Eisenhofer and Labaton Sucharow: A class of GM shareholders has reached a $303 million settlement with the automaker and its outside auditor, Deloitte & Touche...
Audits, audits, audits
KCPD is releasing the results of four internal audits, available here. (At the bottom of the stack.) The most interesting part? The department looked at preventable crashes involving its fleet...
Bear Stearns, Deloitte Sued Over Hedge Fund
The problems for Bear Stearns seem to keep on coming. After its fire sale to JP Morgan, today's news is that the liquidators of two of its hedge funds that collapsed last year, have filed suit against the company and its auditor, Deloitte & Touche seeking to recover over $1 billion in losses...
Demand For Accountants On The Rise
Conventional wisdom said demand for accountants and auditors would have tapered off by now.Well, conventional wisdom was wrong.Staffing agencies such as Robert Half International, which specializes in pairing employers with accountants, say demand for talented, skilled professionals in the Tampa Bay area and around the country continues to rise, and salaries are growing...
From the Pages of The Pomerantz Monitor: Bankruptcy Judge Drastically Cuts "Bankruptcy Exit Bonuses" for Delphi Execs
The Pomerantz Monitor recently updated its readers on the attempts by troubled Delphi Corp.?s senior executives to award themselves big bonuses. Delphi, the bankrupt auto parts supplier, became infamous last year when it threatened to dump its pension obligations on...
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