Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Friday, December 28, 2007

Delphi's Auditors Settle Accounting Charges

Deloitte & Touche agreed to pay $38 million to settle accounting fraud charges involving Delphi Corp., the auto parts manufacturer that is currently in Chapter 11.  Delphi was required to restate its financials from 1999-2005.  Previously the SEC brought charges against eight former employees., Deloitte to Pay $38 Million in Delphi Case.

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