TUCSON, Ariz - The accounting firm of Deloitte & Touche has agreed to settle a civil lawsuit that accused it of helping to defraud investors in American Continental Corp., Charles H. Keating Jr.'s former thrift holding company.

The deal was said to include a $7.5 million penalty by Deloitte, but U.S. District Judge Richard Bilby ordered that terms of the settlement not be immediately disclosed.

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