November 14, 2013
A New York federal judge on Wednesday granted final approval of a $10 million settlement in a securities fraud class action over Grant Thornton's audit of now-bankrupt Internet service provider Winstar Communications Inc., awarding $4.5 million in attorneys' fees to plaintiffs' counsel.
July 15, 2013
Grant Thornton LLP agreed on Friday to pay $10 million to settle claims it helped conceal a $1 billion revenue hole at now-bankrupt Internet service provider Winstar Communications Inc.
May 23, 2013
Affiliates of German insurer and financial services giant Allianz SE on Thursday settled their claims accusing accounting firm Grant Thornton LLP of helping to conceal a $1 billion revenue hole at now-bankrupt Internet company Winstar Communications Inc.
April 18, 2013
A New York federal judge on Thursday granted class certification to investors who claim accounting firm Grant Thornton LLP helped conceal a $1 billion revenue hole at now-bankrupt Internet company Winstar Communications Inc.