Delphi settles shareholder lawsuits
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Bankrupt auto parts maker Delphi Corp  said on Friday it has settled class action lawsuits by shareholders and employees that grew out of financial restatements that were the subject of civil fraud charges the company settled last year.
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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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The companies settle a lawsuit in which the software giant was accused of poaching smart-phone trade secrets.
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General Motors Corp.  and  bankrupt auto parts maker Delphi Corp.  are near a  deal with the United Auto Workers union that would provide a  cash payout to Delphi workers in exchange for lower hourly  wages, the Detroit News reported on Thursday.
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Pharmaceutical company Elan has announced a settlement of the class action suit filed by shareholders against the company in early 2002 in relation to its accounting practices.
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DETROIT (Dow Jones)-- Delphi Corp. (DPH) will delay filing its third quarter 10-Q statement with the US Securities and Exchange Commission until an internal investigation over payments with a technology provider is resolved.
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InPlay TechnologiesÂ® (NASDAQ:NPLA), a  developer and marketer of innovative, emerging technologies, today  announced that it received bankruptcy court approval of the settlement  agreement between InPlay Technologies and Delphi Corp.
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Time Warner Inc. and other  defendants including America Online and Ernst &amp; Young have  agreed to pay &#36;23 million to settle a lawsuit accusing them of  defrauding pension and investment funds in Pennsylvania, the  state&#039;s Attorney General said on Thursday.
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The accounting firm KPMG has agreed to settle a shareholder lawsuit claiming the company failed in its audit of a software company which later collapsed.
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National Commerce Financial Corp. said Tuesday that it agreed to settle shareholder lawsuits challenging SunTrust Banks Inc.&#39;s proposed purchase of the financial services company.
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Bankrupt auto parts maker Delphi Corp.   DPHIQ.PK could have $26 billion of claims against former   parent General Motors Corp. GM.N, a committee representing   stockholders has said in court papers.
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The Securities and Exchange Commission approved settlements with Brocade Communications Systems Inc. and Hewlett-Packard Co.'s Mercury Interactive Corp. , the first companies to be fined since the government's crackdown on illegal stock options backdating began more than a year ago.
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Delphi Corp. said yesterday it has scrapped its agreement with a group of investors that was going to kick in up to $3.4 billion to help the struggling auto parts maker emerge from Chapter 11 bankruptcy protection.
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LOS ANGELES -- The Walt Disney Co. settled a case Monday in which securities regulators alleged the firm failed to disclose that it employed relatives of board members and failed to disclose certain perks to a director.
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KPMG, one of the Big Four accounting  firms, agreed to settle a shareholder lawsuit over the collapse  of Belgium's Lernout & Hauspie Speech Products N.V., by  agreeing to pay $115 million, one of the law firms representing  investors said on Thursday.
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Bankrupt auto parts maker Delphi Corp.  will retain and operate four plants under a tentative agreement with the United Auto Workers, according to a document posted on a Web site run by union members.
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The company reaches a licensing agreement with Korea Delphi.