Business
An international arbitrator Monday ended a long-standing dispute between Arthur Andersen and its sister firm Andersen Consulting, ruling that the profitable consulting arm can run its own show without any future payments to the accounting firm.
Aug. 8, 2000
Arthur Andersen in Soviet Union’s Venture: Arthur Andersen & Co. announced that the Soviet Union’s Ministry of Finance approved a joint-venture agreement between Arthur Andersen & Co. and two leading Soviet companies, making Andersen the first professional services organization of its kind to be authorized to audit balance sheets of Soviet companies and to do audits of Western/Soviet joint ventures in the Soviet Union.
June 19, 1990
Probe: Arthur Andersen agrees to pay $7 million civil penalty in case involving audits of Waste Management.
June 20, 2001
Courts: Software firm blames auditor for practices that led it to a bankruptcy filing.
Sept. 24, 2002
The chance of being ensnarled in litigation over its work caused Arthur Andersen & Co. to drop Comprehensive Care Corp. as a client, the independent auditor said Monday.
June 6, 1995
Technology and the Internet
Santa Ana-based Procom Technology Inc. said Monday that its outside auditor, Arthur Andersen LLP, resigned abruptly.
June 8, 1999
A congressman has called for an investigation of Big Five accounting firm Arthur Andersen in connection with its audits of Enron Corp. and Waste Management Inc., according to a letter released Monday.
Nov. 20, 2001
Courts: The umbrella group is the first defendant to settle in a pair of class actions. It will pay $40 million.
Aug. 28, 2002
It seems everyone wants in on the venture capital game these days: investment bankers, lawyers, college students--and now accountants.
Jan. 31, 2000
Arthur Andersen & Co. and Price Waterhouse announced today they have initiated formal talks about a merger of their worldwide operations, which would create the world’s largest accounting firm.
July 6, 1989