Sunday, December 10, 2006

Deloitte Pays $210 million to Settle Adelphia Case: 45% of Total Sum

Deloitte & Touche LLP will end up ponying up $210 million as part of a larger $455 million amount along with a number of banks, including Bank of America, Citigroup, JPMorgan Chase, Wachovia and 35 others, which have agreed to pay to settle an investor lawsuit in the Rigas family-run bankrupt cable company, Adelphia Communications Corporation...

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