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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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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Ten former directors tentatively agree to pay $54M -- including $18M out of their own pockets -- to settle part of a class-action securities lawsuit stemming from the company's accounting scandal.
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Automotive parts supplier Delphi Corp. (NYSE: DPH) received a subpoena from the US Securities and Exchange Commission in late July in connection with agreements with Electronic Data Systems Corp.
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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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Bankrupt auto parts maker Delphi Corp.   DPHIQ.PK on Friday posted a $533 million net loss for August   in a limited monthly report for the U.S. Bankruptcy Court in   New York.
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DETROIT, Feb. 13  â The auto parts maker Delphi said Tuesday that it lost $2 billion in the third quarter, attributing half the loss to buyout costs for 20,000 unionized workers.
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NEWARK, NJ -- Three companies have agreed to pay $50 million to settle charges they defrauded investors in Pimco Funds by not disclosing a market timing arrangement.
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U.S. auto parts maker Delphi Corp  said on Friday it posted a $964 million net loss for December as it continued its effort to emerge from bankruptcy by the end of March.
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Automotive parts supplier Delphi Corp. said Wednesday it received a subpoena from the Securities and Exchange Commission in late July related to agreements with Electronic Data Systems Corp.
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Delphi said yesterday that it had accepted an offer led by private-equity firm Appaloosa Management to invest as much as $2.55 billion in the bankrupt auto-parts maker.
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The DuPont Co. has agreed to pay up to $340 million to settle a lawsuit that it contaminated water supplies in West Virginia and Ohio with a chemical used to make Teflon, one of its best-known brands.
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International Business Machines Corp.  has settled portions of an ongoing lawsuit related to pensions,  and will take a charge of $320 million in the current quarter,  the technology company said on Wednesday.
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Auto parts supplier Delphi Corp. said today that a group of private capital companies has agreed to invest up to $3.4 billion to help the company pull out of bankruptcy, potentially helping avert a showdown with organized labor that could have further stressed the ailing U.S. auto industry.
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Vonage Holdings Inc. and Nortel Networks Corp. have settled their patent litigation, allowing for cross-licensing of the telecom companies' technology.
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Dow Jones & Co Inc  has agreed to settle an investor lawsuit that accused the company's directors of failing to properly evaluate News Corp's  takeover bid, it said in a U.S. regulatory filing this week.
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Auto parts maker Delphi Corp   said it would file a reorganization plan on Thursday that lays  out a definitive agreement with former parent General Motors  Corp  and a path to exiting bankruptcy by the end of the  year.