« Former CEO of Chancellor Corp. Found Liable for Securities Fraud | Main | SEC Ends Investigation into Usana »

January 10, 2008

Deloitte Settles with Parmalat Bondholders

Deloitte & Touche has reached a settlement with a committee representing about 32,000 bondholders of Parmalat, the Italian version of Enron that collapsed four years ago amidst scandal.  The accounting firm has agreed to pay up to 6% of the nominal value of their investments before Nov. 11, 2003.  CFO.com, Parmalat Investors to Get $.06 on the Dollar from Deloitte.

January 10, 2008 in News Stories | Permalink

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e54fdb447e8834

Listed below are links to weblogs that reference Deloitte Settles with Parmalat Bondholders:

Comments

Post a comment