Deloitte & Touche has agreed to pay $167.5mln to the Adelphia Recovery Trust to settle claims against the former MSO’s auditor. "We are pleased with the settlement, which is among the largest settlements ever reached between a public accounting firm and its audit client," a trust spokesperson said. The trust will continue to pursue claims against Adelphia’s former lenders and others that it claims played a part in the financial fraud.

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Friday–May 14

Cisco Acquiring Kenna Security

Cisco is making yet another move to bolster its cybersecurity efforts, announcing Friday its intent to acquire Kenna Security . The privately-held company’s risk-based vulnerability management technology

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