Delphi Corporation Securities Litigation
Investors in auto parts manufacturer Delphi Corporation filed a class-action securities fraud lawsuit against Deloitte & Touche for its role as outside auditor of Delphi, which in 2005 had to restate of all of its financial statements for the previous five years. In December 2007, Deloitte agreed to pay $38.25 million to settle the lawsuit. See related Deloitte LLP instance, “Improper Professional Conduct (Delphi)”.
- Misconduct Type
- Enforcement Agency
- Contracting Party
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- Date of Settlement
Improper Professional Conduct (Delphi)