A judge has tentatively approved a $38.25 million settlement to be paid by Deloitte & Touche to investors in Delphi.
Judge Gerald E. Rosen has scheduled a hearing on April 29 to determine whether the proposed settlement should be approved by the court as fair, reasonable and accurate. He will also decide whether the co-lead counsel's application for an award of attorney's fees and reimbursement of expenses should be approved, whether the claims against Deloitte should be dismissed with prejudice, and other matters he deems appropriate.
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