Corporate & Securities Law

Two Deloitte Accountants Settle Charges Involving Delphi Audits
The SEC settled two administrative proceedings and found that Nicholas Difazio and Duane Higgins, Deloitte & Touche LLP (D&T) engagement partners on the 2000 and 2001 audits of the financial statements of Delphi Corporation, engaged in improper professional conduct on...

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...

Investors Back out of Delphi Deal
Appaloosa Management, on behalf of a group of investors that planned a $2.55 billion equity investment in auto supplier Delphi Corp., which is trying to exit Chapter 11, delivered to Delphi a notice of immediate termination, asserting that Delphi had...

Deloitte & Touche: Its good to be partner.
There are many things wrong with the Big 4 accounting firms, and I predict that within 3 years (probably less) they will all be gone. But the partners are going to stay on the gravy train as long as they can...

Gooooooooooal! Real Madrid!
It's good that somebody keeps track of these things. Most soccer (football) fans are probably focused on such mundane things as how many games their teams win. But the accountants at Deloitte Touche are always focused on the most important....

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...

Paxil Lawsuit
Paxil Claims, Lawsuits, and Injuries

Warranty Parts Claims
Delphi Corp. must pay GM $200 million.

Asarco
To Pay $2.4 Billion to Settle Asbestos-Related Claims

Air Line Bankruptcy
BCI Aircraft Leasing agrees to pay $600,000 settlement related to Delta Air Lines bankruptcy claims.

Archdiocese of Denver
Settles 5.5 million in claims

BP
Settles More Claims From Texas Refinery Explosion

Alta College
Settles False Claims Allegatiions for $7 Million