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Deloitte Touche

BUSINESS
April 24, 2002 | From Bloomberg News
Deloitte Touche Tohmatsu will combine with Arthur Andersen's Italian practice and Ernst & Young will merge with the Malaysian and Luxembourg affiliates as the two firms divide Andersen's non-U.S. units. Deloitte has agreed to link with 12 of Andersen's overseas practices and Ernst & Young has snapped up 15 after an agreement for a global merger outside the U.S. between Andersen Worldwide and KPMG International broke up last month.
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BUSINESS
October 13, 1990 | JOHN LIPPMAN, TIMES STAFF WRITER
Financially troubled Financial News Network said Friday that it terminated its outside accounting firm and fired the network's chief financial officer over payments he allegedly received from an unidentified source. FNN said a special committee of its board had determined that former Chief Financial Officer C. Steven Bolen, 44, "received compensation payments that were not properly authorized." In addition, "certain bank accounts administered under Bolen's direction were not properly directed."
CALIFORNIA | LOCAL
January 24, 1994 | Compiled for The Times by Danielle Masterson
Part-time work is a way of life for many young people, but that first full-time career-oriented job is different. What's the key to finding a good job? What is a good job? These and other questions are asked in this new occasional feature, First Job. If you've had an interesting experience, write or call Voices about it. LISA-ANNE SAMUELS Television production assistant, Universal City, 23 I was an English major with an emphasis in theater at Randolph-Macon College in Ashland, Va.
SPORTS
June 4, 1994 | JAMES BATES and LISA DILLMAN, TIMES STAFF WRITERS
Jeffrey P. Sudikoff, the new majority owner of the Kings, reiterated Friday that turmoil this week at the telecommunications company he heads will not affect the hockey franchise. IDB Communications Group's stock on Wednesday tumbled by more than 50% after the company's auditors, Deloitte & Touche, resigned in an apparent dispute over IDB's accounting practices. The company also confirmed on Friday that the U.S. Securities and Exchange Commission has started an informal review of the dispute.
BUSINESS
January 27, 1994 | MICHAEL PARRISH, TIMES STAFF WRITER
In another move to close out its disastrous attempt at diversification in the 1980s, Pacific Enterprises Inc., parent of Southern California Gas Co., announced Wednesday that it has settled two class-action lawsuits filed in 1992 by angry shareholders.
BUSINESS
July 2, 2002 | From Times Wire Services
Adelphia Communications Corp. pressed former auditor Deloitte Touche Tohmatsu to certify an incomplete report to lenders and tried to withhold information from the accounting firm and the government, Deloitte said in a letter to the Securities and Exchange Commission. The cable operator, which hasn't released a 2001 financial report, fired Deloitte on June 9.
NEWS
January 10, 1994 | SCOT J. PALTROW, TIMES STAFF WRITER
Investors in Prudential Securities' embattled petroleum partnerships have filed a $1.1-billion lawsuit in Orange County against Arthur Andersen & Co., the nation's largest accounting firm, in which they allege to have uncovered a massive accounting fraud in connection with the investments. The suit also names the accounting firm of Deloitte & Touche, which played a lesser role in auditing financial statements of Prudential's Energy Income Funds, a series of oil-and-gas investment partnerships.
CALIFORNIA | LOCAL
November 10, 1990 | JEFFREY A. PERLMAN, TIMES URBAN AFFAIRS WRITER
After successfully persuading voters to pass a half-cent sales tax for traffic improvements, Orange County transportation planners met in emergency session Friday and vowed to obtain interim financing to begin some projects by February.
BUSINESS
June 4, 1994 | DONNA K. H. WALTERS, TIMES STAFF WRITER
Accounting firms are finding the going tricky in a business landscape heavily pocked with liability land mines, as separate incidents this week show. A Los Angeles Superior Court jury this week ordered Ernst & Young and two former accountants to pay $14.2 million to a Paramount-based aircraft parts manufacturer in a fraud and malpractice suit dating to 1989. The punitive damages portion of the trial is scheduled to begin June 13.
NEWS
January 10, 1994 | SCOT J. PALTROW, TIMES STAFF WRITER
Investors in Prudential Securities' embattled petroleum partnerships have filed a $1.1-billion lawsuit in Orange County against Arthur Andersen & Co., the nation's largest accounting firm, in which they allege to have uncovered a massive accounting fraud in connection with the investments.
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