CORRECTED: Mixed Verdict For Delphi Execs In Fraud Case

Law360, New York (January 18, 2011, 2:18 PM EST) -- A jury has returned a mixed verdict for two former Delphi Corp. executives, clearing the company's ex-CEO of fraud claims related to a $237 million payment to General Motors Corp., while finding an ex-accounting executive liable for fraud in three separate transactions. (Corrects an article published on Jan. 13.)

The jury in the U.S. District Court for the Eastern District of Michigan on Thursday found former Delphi CEO J.T. Battenberg III liable for bookkeeping errors and making misrepresentations to accountants about a $237 million payment to...
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