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Home arrow Field Notes and Research arrow Observations arrow Big 4 Settlements
Big 4 Settlements PDF Print
Posted by Brandon Dunlap   
Tuesday, 18 November 2008

KPMG

DateAmountAgainstWithLink1Link2
Mar-16-08

$10.5 million

Investor class action lawsuit

Annuity and Life Re (Holdings), Ltd., (ANR) – (KPMG Bermuda)

http://www.lawyersandsettlements.com/settlements/11206/kpmg-bermuda-securities.html

 

http://securities.stanford.edu/1026/ANR02-01/

 
Jun-03-06

$154 million

Investor class action law suit

law firm of Sidley Austin Brown & Wood

http://www.lawyersandsettlements.com/settlements/05692/kpmg_settlement.html

 

http://articles.latimes.com/2006/may/20/business/fi-kpmg20

 
Jan-04-05

$2.77 million

U.S. Department of Justice

Booz Allen Hamilton Inc. $3.37 million/Ernst & Young LLP $4.47 million

http://www.lawyersandsettlements.com/settlements/04786/travel_expenses.html

 

http://www.epa.gov/oig/OI_documents/2006/20051231-Multinational.pdf

 
Sep-30-05

$225 million

Investor class action law suit

law firm Sidley Austin Brown & Wood

combined settlement

http://www.lawyersandsettlements.com/settlements/04346/kpmg_tax_shelter.html

 		 
Apr-19-05

$22.5 million

SEC

Xerox Corp.

http://www.washingtonpost.com/wp-dyn/articles/A3121-2005Apr19.html

 		 
Apr-05-04

$34 million

Customers overbilled for travel expenses

None mentioned

http://www.lawyersandsettlements.com/settlements/02148/kpmgandbearingpointinc.html

 		 
 

PwC (PricewaterhouseCoopers)

DateAmountAgainstWithLink1Link2Link3
Oct 3, 2008

$97.5 million

Ohio

AIG

www.businessweek.com/ap/financialnews/D93JBLCG0.htm 

http://money.cnn.com/news/newsfeeds/articles/apwire/07a09877e5c1ab7c8221cb3cc6662335.htm

 

http://www.forbes.com/reuters/feeds/reuters/2008/10/03/2008-10-03T231145Z_01_N03364131_RTRIDST_0_AIG-OHIO-UPDATE-1.html

 
Mar-02-08

$30 million

The Metropolitan Mortgage & Securities Co. investors' trust

None mentioned

http://www.lawyersandsettlements.com/settlements/11020/accounting-mistakes.html

 		  
Aug-16-07

$5.3 million

US Justice Department

IBM

Combined settlement

   
Jul-06-07

$225 million

shareholders securities class action lawsuit

Tyco International

http://www.lawyersandsettlements.com/settlements/08612/pwc-securities-settlement.html

 		  
Jan-03-06

$8.5 million

Heartland Advisors Inc shareholders class action lawsuit

None mentioned

http://www.lawyersandsettlements.com/settlements/04771/pwhc_heartland.html

 		  
Oct-27-05

$27.9 million

Shareholders class action law suit

None mentioned

http://www.lawyersandsettlements.com/settlements/04477/pwh_telxon.html

 		  
 

Deloitte and Touche

DateAmountAgainstWithLink1Link2
AUG-08-08

$26 million

GM shareholders

GM

$277 million

http://www.lawyersandsettlements.com/settlements/12437/gm-deloitte-touche-settle-shareholder-class-action.html

 

http://blogs.wsj.com/law/2008/08/08/gm-deloitte-to-pay-combined-303m-to-settle-securities-class-action/

 
Dec-28-07

$38.25 million

Investor class action

Delphi Corp.

$325 million

Including D&T’s

http://www.lawyersandsettlements.com/settlements/10361/deloitte-touche-delphi.html

 		 
Aug-03-07

$167.5 million

Adelphia Recovery Trust

None mentioned

http://www.lawyersandsettlements.com/settlements/08890/adelphia-auditor.html

 		 
Mar-27-07

$50.5 million

Canada

US shareholders

Philip Services Corp. $79.75 million including D&T’s

http://www.lawyersandsettlements.com/settlements/07532/deloitte-touche.html

 		 
Feb-20-07

$149 million

Parmalat

None mentioned

http://www.lawyersandsettlements.com/settlements/07246/deloitte.html

 		 
Jun-30-06

$24 million

 

Symbol Technologies

http://www.lawyersandsettlements.com/settlements/05823/deloitte_touche_trust_funds.html

 

http://securities.stanford.edu/1036/SBL04_01/

 
 

E&Y (Ernst and Young)

DateAmountAgainstWithLink1Link2
May-22-08

$3.5 million

Shareholder class action

American Italian Pasta Co.

$25 million

http://www.lawyersandsettlements.com/settlements/11920/ernst-young-american-italian-pasta.html

 		 
Apr-12-07)

$9.08 million

investor class action

PNC Financial Services Group Inc.

$115 million

http://www.lawyersandsettlements.com/settlements/07723/ernst-young-settlement.html

 		 
Mar-26-07

$1.6 million

US Securities and Exchange Commission

None mentioned

http://www.lawyersandsettlements.com/settlements/07552/auditor-independence.html

 		 
Jan-04-05

$4.47 million

U.S. Department of Justice

Booz Allen Hamilton Inc. $3.37 million, KPMG LLP $2.77 million.

http://www.lawyersandsettlements.com/settlements/04786/travel_expenses.html

 		 
Sep-15-04

$20 million

class action lawsuit

Cap Gemini

http://www.lawyersandsettlements.com/settlements/02503/ernstyoungandcapgemini.html

 		 
Jul-03-03

$15 million dollars

IRS

None mentioned

http://www.lawyersandsettlements.com/settlements/01715/ernstyoung.html

 

http://query.nytimes.com/gst/fullpage.html?res=9500E1D6103AF930A35754C0A9659C8B63

 
 

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