Deloitte to settle Delphi investor suit for $38 mln
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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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An investor group backing a  $3.4-billion plan to support auto parts maker Delphi Corp.&#39;s   emergence from bankruptcy may sell more than 70  percent of its common stock stake to additional investors, one  of the group&#39;s co-leaders said on Monday.
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IBM said Wednesday that it had agreed to pay $320 million to current and former employees to settle in part a class-action lawsuit over its pension plan in a case that may affect millions of workers at many companies and nonprofit organizations.
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International Business Machines Corp. said yesterday it will pay at least $300 million to settle part of a lawsuit that claimed the firm&#39;s pension plan discriminated against older workers.
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IBM (Quote, Chart) has agreed to pay $300 million to settle most of the claims in a class action lawsuit related to its pension plan, the company announced today.
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The $6.1 billion plan to bring auto-parts supplier Delphi Corp  out of bankruptcy protection may be in jeopardy as bank lenders face trouble syndicating loans to other lenders, the Wall Street Journal said, citing people familiar with the matter.
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Delphi Corp. today reported third quarter revenues of $6.65 billion, and a net loss of $114 million or a loss of $0.20 per share. Excluding the impact of previously announced restructuring charges, Delphi
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Mining giant Rio Tinto Ltd./Plc.    said on Thursday it has agreed to pay $38.1  billion, or $101 per common share, for Canadian aluminum  company Alcan Ltd. .
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Hedge fund Appaloosa Management may be near an agreement that could give it up to a one-third stake in bankrupt auto parts maker Delphi Corp.  when it emerges from court protection, The Wall Street Journal reported on Saturday.
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KPMG, one of the Big Four accounting firms, agreed to settle a shareholder lawsuit over the collapse of Belgium&#39;s Lernout &amp; Hauspie Speech Products NV, by agreeing to pay $115 million, one of the law firms representing investors said
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Bankrupt Adelphia Communications has offered $300 million to settle long-running federal investigations, and it indicated that potential proceeds from a lawsuit against
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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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Mining giant Rio Tinto Ltd./Plc.   said on Thursday it has agreed to pay $38.1 billion, or $101 per common share, for Canadian aluminum company Alcan Ltd. .
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International Business Machines Corp., the world&#39;s largest computer maker, said it will pay at least $300 million to settle part of a lawsuit that claimed the company&#39;s pension plan discriminated against older workers.
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Putnam Investments will pay $40 million to settle yet another regulatory probe, while corporate parent Marsh &amp; McLennan Cos. yesterday said it would cut 3,000 jobs in the fallout from the price-fixing and bid-rigging scandal enveloping its insurance brokerage unit.
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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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San Francisco, September 30: IBM on Wednesday said it will take a third-quarter charge of $320 million to settle all but two claims of an ongoing lawsuit claiming its pension plan discriminated against older workers, in exchange for capping its potential