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Byline: Lindsay Chappell
Delphi Corp.'s top executives may be off the hook in an accounting scandal that resulted in the departure of two top finance executives last month.
According to a statement from Delphi's independent audit committee filed with the Securities and Exchange Commission, its internal investigation "continues to review the conduct of certain lower and mid-level executives.'' But it believes that no more changes will be necessary among its "top management.''
The company is preparing to present those findings to SEC investigators who are examining Delphi's bookkeeping practices, said Delphi spokeswoman Claudia Baucus.
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Source: HighBeam Research, Delphi: Top execs free from taint in scandal.(Suppliers)(accounting...