Deloitte & Touche to pay $50 million in Adelphia fraud case
Auditor Deloitte & Touche agreed to pay $50 million to settle federal charges related to its failure to detect fraud at bankrupt cable carrier Adelphia Communications. But the auditor found itself in trouble again after blaming Adelphia in a statement made afterward.
Wall Street Journal, The
| 4/27
This story published in USTelecom dailyLead® on 04/27/2005
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