KPMG agrees to pay $115 million to settle shareholder suit
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The accounting firm KPMG and a Belgian affiliate agreed Thursday to pay $115 million to settle a shareholder lawsuit claiming the companies failed in their audit of Lernout &amp; Hauspie Speech Products, which later collapsed.
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PricewaterhouseCoopers agreed to pay $225 million to settle a class-action lawsuit brought by shareholders of Tyco International over a multibillion-dollar accounting fraud that ended with Tyco's top executives going to prison.
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Accounting firm KPMG will pay $10  million to settle charges of improper professional conduct  while acting as auditor for Gemstar-TV Guide International Inc.  GMST.O, the U.S. Securities and Exchange Commission said on  Wednesday.
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Investment banks Goldman Sachs Group  Inc. GS.N and Morgan Stanley MWD.N have agreed to pay about  $40 million each to settle U.S. Securities and Exchange  Commission allegations of misconduct in their handling of  initial public stock offerings, sources familiar with the  matter said on Tuesday.
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HOUSTON Wall Street brokerage Lehman Brothers has agreed to pay 222-and-a-half (M) million dollars to settle an Enron-related class-action lawsuit.
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KPMG (KPMG.UL: Quote, Profile, Research) will pay $10 million -- the largest payment ever by an accounting firm in a US Securities and Exchange Commission action -- to settle charges of improper conduct while auditing Gemstar-TV
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Deutsche Bank Securities has agreed to pay $87.5 million to settle allegations that it issued stock research that was biased by its investment-banking business, regulators announced Thursday, as part of a crackdown on conflicts of interest on Wall Street.
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The Ford Motor Company agreed yesterday to settle a lawsuit that accused its chief executive of improperly accepting shares of the initial public offering of the Goldman Sachs Group, which agreed to pay $13.
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The Securities and Exchange Commission said Wednesday that accounting firm KPMG LLP will pay $10 million to Gemstar-TV Guide International shareholders to settle allegations it committed improper conduct in Gemstar&#39;s audit.
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Charles Schwab Corp. SCH.N on  Tuesday said it had agreed to pay a fine of $350,000 to settle  SEC enforcement proceedings related to the processing of mutual  fund orders.
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AT&amp;T Corp., the largest US long- distance telephone company, agreed to pay $100 million to settle lawsuit by shareholders who sought $2.
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Investment banking giant Goldman Sachs Group Inc. agreed Wednesday to pay Ford Motor Co. $13.7 million to settle a shareholder lawsuit that was filed last year after a controversial
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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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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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Royal Dutch/Shell Group agreed on  Tuesday to finalized settlements with U.S. and UK regulators  which will cost the oil giant $150.7 million over its  mis-statement of proven oil reserves.
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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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Accounting firm KPMG will pay $10 million to settle charges of improper professional conduct while acting as auditor for Gemstar-TV Guide International Inc.