Time Warner Settles 2 Cases Over AOL Unit
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The Justice Department announced yesterday that it would defer bringing criminal securities fraud charges against the America Online unit of Time Warner as long as Time Warner adopted
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December 16, 2004 - Time Warner Inc. will pay $510 million and restate its 2001-2002 earnings for the third time as part of a settlement of criminal and civil charges related to its America
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Time Warner Inc. agreed Wednesday to pay $210 million to settle criminal securities fraud charges brought by the Justice Department against the company&#39;s America Online unit.
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The shedding of AOL's international operations continued Thursday as Time Warner announced it had sold its AOL France division to Internet service provider Neuf Cegetel in a 288 million euros. Talks to sell AOL UK are continuing.
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Former AOL Time Warner Chairman  Steve Case learned as early as 2000 about transactions that  allowed the company to overstate revenues ahead of its merger  with Time Warner, according to court documents unsealed on  Friday.
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AOL has agreed to make it easier for its remaining customers to leave as part of a $3 million settlement with 48 states and the District of Columbia.
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SAN FRANCISCO -- Averting a looming court battle over how it has handled the exodus from its Internet dial-up service, AOL has agreed to make it easier for its remaining customers to leave as part of a $3 million settlement with 48 states and the District of Columbia.
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Time Warner will be paying $210 million as part of a settlement for securities fraud charges leveled by the US Department of Justice.
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America Online, the internet division of Time Warner, will be charged with criminal securities fraud but is likely to avoid prosecution under a settlement
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Time Warner Inc. (TWX.N: Quote, Profile, Research) on Wednesday said it agreed to pay $510 million to the US government to resolve criminal and civil charges linked to its America Online unit.
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Time Warner pays big to settle fraud charges against its problem child, AOL.
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Time Warner Inc. agreed yesterday to pay $210 million to settle criminal securities fraud charges brought by the Justice Department against the company's America Online unit. The media giant also is prepared to pay $300 million to end another probe by the Securities and Exchange Commission.
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Time Warner Inc., the world&#39;s biggest media company, agreed to pay $210 million to settle a US Justice Department probe into whether its America Online unit improperly booked advertising sales.
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Time Warner Inc. said on Thursday it  would sell AOL France's Internet access unit to Neuf Cegetel  for $365 million as it overhauls its online business in Europe.
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Time Warner Inc., the world&#39;s biggest media company, may pay as much as $500 million to settle US government probes into whether it improperly booked advertising sales at its America
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Time Warner, the world&#39;s largest media-entertainment company, says it has agreed to pay a total of $US510 million ($668 million) to resolve federal probes into accounting irregularities at its America Online (AOL) units.
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Time Warner Inc. and Comcast Corp. have signed an agreement that gives Comcast the option to cut its stake in Time Warner Cable, paving the way for the two companies to disentangle their partnership.