No New Trial For Delphi Exec In $237M Fraud Case

Law360, New York (August 9, 2011, 10:17 PM EDT) -- Former Delphi Corp. executive Paul Free on Tuesday lost a bid for a new trial in the U.S. Securities and Exchange Commission's suit against the Michigan-based automotive company for allegedly mischaracterizing $237 million in warranty claims on its income statements.

U.S. District Judge Avern Cohn denied Free's renewed motion for judgment as a matter of law or alternatively for a new trial in which Free asked the court to look at each piece of evidence against him individually, rather than as a whole, according to the...
To view the full article, register now.




Case Information

Case Title

United States Securities and Exchange Commission v. Delphi Corporation et al

Case Number



Michigan Eastern

Nature of Suit



Avern Cohn

Date Filed

October 30, 2006

Law Firms


Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.