Cases

Delphi Corporation

G&E represented an international pension fund as lead plaintiff in a consolidated class action against Delphi Corp. Defendants included Delphi directors and officers in addition to the company’s accounting firm, Deloitte & Touche. The resulting settlement agreements totaled more than $325 million and included $204 million from Delphi Corp., $80 million from Delphi’s directors and officers’ insurance, and $38 million from Deloitte & Touche, highlighting the importance of holding gatekeepers accountable to investors.

Company
Delphi Corporation
Case Name
In re Delphi Corp Securities Litigation
Recovery Amount
$325 Million
Court
Eastern District of Michigan

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