Auditor to pay $225m, settle Tyco suit
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Accounting firm PricewaterhouseCoopers yesterday said it has agreed to pay $225 million to settle a class-action lawsuit brought by Tyco International Inc. shareholders in the aftermath of the 2002 disclosures of financial abuse at the manufacturing company.
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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 , plaintiffs' lawyers said on Thursday.
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I.B.M. agreed to pay $7 million as part of a settlement of a federal regulatory investigation involving Dollar Generalâs 2000 financial statements.
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Veritas Software has agreed to pay $30 million to the U.S. Securities and Exchange Commission (SEC) to settle charges that it engaged in fraudulent accounting practices and aided Time Warner's America Online (AOL) in committing fraud.
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PricewaterhouseCoopers LLP will pay $225 million to settle a class-action case brought by investors in Tyco International Ltd.  following the accounting scandal at the diversified manufacturer, lawyers for the plaintiffs said on Friday.
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Computer Associates has announced a deal with the US Department of Justice and the Securities and Exchange Commission that will solve the software vendor&#39;s accounting scandal.
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Although Computer Associates met its sales forecast for its second quarter, it will post a loss for the period as it absorbs restructuring charges and the $225 million it agreed to pay in compensation for its accounting violations.
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Invesco Funds Group (IFG) and affiliate AIM are to pay a total of $450m (Â£254m) to settle an improper trading probe. The UK&#39;s Amvescap, which owns both firms, said the two would pay $140m in civil penalties
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KPMG KPMG.UL will pay $10 million  -- the largest payment ever by an accounting firm in a U.S.  Securities and Exchange Commission action -- to settle charges  of improper conduct while auditing Gemstar-TV Guide  International Inc. GMST.O, the SEC said on Wednesday.
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The former chief executive of software maker Computer Associates International was charged yesterday with securities fraud in a multibillion-dollar accounting scandal, and the company agreed to pay $225 million to stave off criminal charges.
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Qwest Communications International Inc. has agreed to pay $250 million to settle financial and disclosure fraud charges, the US Securities and Exchange Commission said Thursday.
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The former chief executive of Invesco Funds Group has agreed to pay &#36;500,000 to settle civil fraud charges relating to improper trading at the mutual funds company, his lawyer said Wednesday.
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Four years after accounting scandals drove Lernout &amp; Hauspie to seek bankruptcy protection, the onetime Burlington-based speech technology giant's auditors agreed to pay $115 million to settle lawsuits by wiped-out investors.
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A former chief financial officer of credit card issuer Capital One Financial Corp. agreed to pay more than $1.8 million to settle insider trading charges, the Securities and Exchange Commission said yesterday.
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Time Warner Inc. TWX.N has agreed to  pay $500 million to $600 million to settle all civil and  criminal charges with the Justice Department and the U.S.  Securities and Exchange Commission, the New York Times reported  on Wednesday.
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The auditor was the vice president of a company that received more than $1.2 million in payments.
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Qwest has agreed to pay $250 million to settle financial and disclosure fraud charges, a source familiar with the matter said today.