In the Courts
By
| August 6, 2007
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.