Deloitte to settle Delphi investor suit for $38 mln


NEW YORK, Dec 27 (Reuters) - Deloitte & Touche LLP has agreed to pay $38.25 million to settle an investor lawsuit over alleged accounting improprieties at bankrupt auto parts maker Delphi Corp , plaintiffs' lawyers said on Thursday. The case in U.S. District Court in Detroit stems from an accounting scandal at Delphi that led to the company restating financial results going back several years in June 2005, the law firms said. Deloitte was Delphi's outside auditor. The plaintiffs, who ...

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