http://www.law360.com/ Latest articles for organization: Deloitte & Touche Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/135288 Deloitte Touche Tohmatsu and Grant Thornton International have agreed to cough up $15 million to settle with a class of Parmalat SpA stockholders in a suit stemming from the Italian dairy giant's collapse. http://www.law360.com/articles/135288 http://www.law360.com/articles/131242 Stephen Hozie, the former chief financial officer of toppled mortgage lender American Home Mortgage Investment Corp., has failed to win access to federal regulators' discovery documents as he fights accounting fraud allegations his one-time colleagues have chosen to settle. http://www.law360.com/articles/131242 http://www.law360.com/articles/130938 Shareholders who accused Washington Mutual Inc. of a massive home lending fraud have weathered an effort to get their case thrown out. http://www.law360.com/articles/130938 http://www.law360.com/articles/130697 The looming prospect of health care reforms and the upcoming expiration of a number of drug patents by 2012 are fueling consolidation in the pharmaceutical industry, with many more companies pushing to do deals with biotechnology firms that have products in the later stages of development, a new report says. http://www.law360.com/articles/130697 http://www.law360.com/articles/128917 The U.S. Securities and Exchange Commission on Friday named Goldman Sachs & Co. wunderkind Adam Storch as managing executive of the agency's Enforcement Division. http://www.law360.com/articles/128917 http://www.law360.com/articles/127739 A unit of Stillwater Capital Partners LP has filed an amended complaint that, like many others, accuses various Bear Stearns Cos. defendants of breaching their fiduciary duties to a pair of hedge funds that imploded due to risky bets in the subprime mortgage market. http://www.law360.com/articles/127739 http://www.law360.com/articles/124836 The co-founder of investment firm Private Capital Management LP is suing Bear Stearns Cos. Inc., its auditor and two top executives for allegedly deceiving him about the bank's finances in the lead-up to its spectacular collapse in March 2008. http://www.law360.com/articles/124836 http://www.law360.com/articles/123560 Former Deloitte & Touche LLP attorney Patrick Brady has joined the white collar defense group at Barnes & Thornburg LLP in the firm's Chicago office. http://www.law360.com/articles/123560 http://www.law360.com/articles/122799 Deloitte & Touche LLP has been let off the hook by some of the plaintiffs in the long-running multidistrict securities litigation against Adelphia Communications Corp. over the massive accounting fraud that took place at the collapsed cable company. http://www.law360.com/articles/122799 http://www.law360.com/articles/120033 Having spent the past two decades overseeing high-profile enforcement actions for the U.S. Securities and Exchange Commission, the regulator's Atlanta regional director is planning to make the jump to Haynes and Boone LLP. http://www.law360.com/articles/120033 http://www.law360.com/articles/115685 International accounting firm networks historically have relied on their structures to contain liabilities for the acts of member firms, usually with success. Earlier this year, certain rulings in the litigation arising from the collapse of the Italian dairy conglomerate Parmalat Finanziaria SpA raised questions as to whether this trend may be ending, says Thomas M. Beshere of McGuireWoods LLP. http://www.law360.com/articles/115685 http://www.law360.com/articles/115194 Venable LLP has brought on tax attorney Elias Hinckley, formerly of Deloitte & Touche LLP, as a partner in its Washington office to boost its national clean energy roster. http://www.law360.com/articles/115194 http://www.law360.com/articles/113574 The U.S. Securities and Exchange Commission has appointed one-time Baker & McKenzie LLP attorney Daniel L. Goelzer to serve as acting chairman of the Public Company Accounting Oversight Board, which supervises the accounting firms that audit public companies. http://www.law360.com/articles/113574 http://www.law360.com/articles/113552 A judge has rejected a bid by a former Deloitte & Touche LLP partner to overturn the U.S. Securities and Exchange Commission's decision barring him from practicing before the SEC because of his alleged misconduct in the auditing of Adelphia Communications Corp.'s financial statements in 2000. http://www.law360.com/articles/113552 http://www.law360.com/articles/109396 A federal judge has ordered creditors of collapsed telecommunications giant Adelphia Communications Corp. to turn over expert reports from an old malpractice case against Deloitte & Touche to a group of banks, including Citigroup Inc., Deutsche Bank AG and Bank of America Corp., which the creditors are suing for fraud. http://www.law360.com/articles/109396 http://www.law360.com/articles/108754 Deloitte & Touche LLP has objected to a cash collateral agreement between bankrupt BearingPoint Inc., its unsecured creditors and its secured lenders over concerns that the deal could deprive thousands of employees of vacation benefits and hit Deloitte with significant costs. http://www.law360.com/articles/108754 http://www.law360.com/articles/106509 A federal judge has refused a bid by Optionable Inc. shareholders to reconsider — in the wake of criminal and regulatory actions against the brokerage firm's executives — an order dismissing a putative securities class action related to natural gas options. http://www.law360.com/articles/106509 http://www.law360.com/articles/104263 As the second anniversary of the Supreme Court decision in Tellabs Inc. v. Makor Issues & Rights Ltd. approaches, a critical mass of circuit court decisions has begun to suggest some trends in how Tellabs has affected plaintiffs’ reliance on pleading scienter based on “core operations,” say Karen Pieslak Pohlmann and A. Lauren Carpenter of Morgan Lewis & Bockius LLP. http://www.law360.com/articles/104263 http://www.law360.com/articles/99821 There may be a variety of available challenges to the reliability of an expert’s methods as applied to the facts, but In re Williams Secs. Litig. makes it clear that, at a minimum, an expert’s loss causation opinions must meet the standards of proof required by Dura Pharmaceuticals Inc. v. Broudo, say Robert Pietrzak and Daniel A. McLaughlin of Sidley Austin LLP. http://www.law360.com/articles/99821 http://www.law360.com/articles/102618 Units of Italian bank Intesa SanPaolo Group have agreed to shell out €20 million ($27 million) to Parmalat SpA to resolve allegations stemming from the Italian dairy firm’s collapse into bankruptcy in 2003. http://www.law360.com/articles/102618