Time Warner sets up $500m legal war chest
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Time Warner has set aside a $500m (Â£272m) war chest to cover regulatory and legal action over accounting practices at its America Online division.
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Under a deal with the Securities and Exchange Commission that is still under discussion, Time Warner would not admit any wrongdoing but would pay $750 million to settle the case.
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WASHINGTON - 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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AT&T Inc said on Monday it had filed a  lawsuit against Time Warner Cable accusing the cable operator  of trespassing and damaging its network while it connected  customers to its rival local telephone service.
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WASHINGTON/NEW YORK  - Time Warner Inc. said on  Wednesday it agreed to pay the U.S. government $510 million to  resolve criminal and civil charges that its America Online unit  fraudulently inflated its revenue figures.
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At its height, the combined AOL and Time Warner (NYSE: TWX) company market capitalization exceeded $350 billion. When AOL used its big, bloated equity to buy Time Warner, the company offered Time Warner shareholders
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The Securities and Exchange Commission and Time Warner Inc. are nearing agreement on a deal in which the media giant would pay about $750 million to settle wide-ranging allegations
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Time Warner Cable has threatened to  go to court to overturn a decision forcing the No. 2 U.S. cable  company to reinstate the NFL Network on some of its systems,  according to a filing obtained on Monday.
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Time Warner Inc, the world&#39;s largest  media company, will &quot;look hard&quot; in the next 12 to 18 months at  possibly selling off its AOL dial-up Internet access business  after doing the same in Europe.
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By announcing on Nov. 3 that it&#39;s creating a $500 million reserve related to federal investigations into its accounting practices, Time Warner (TWX ) took a giant leap toward removing what has been a debilitating overhang on the media giant for two years.
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America Online is tapping the vast media assets of parent company Time Warner to outdo rivals Google, Yahoo and Microsoft in the search wars.
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Media company Time Warner Inc. has  agreed to pay the U.S. government $210 million to settle  charges that its America Online unit fraudulently inflated its  revenue figures, court documents showed on Wednesday.
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Media giant Time Warner Inc. said Wednesday that third-quarter earnings declined year-over-year, and said it established $500 million in legal reserves related to pending government investigations and intends
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Time Warner said that it will pay a total of $510 million to settle charges arising from Justice Department and S.E.C. investigations.
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Media giant Time Warner will pay approximately $510 million to settle various fraud charges regarding its America Online (AOL) unit with two US regulatory agencies, the company revealed this morning.
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Time Warner has been forced to set aside $500 million to deal with legal costs following investigations into accounting practices at the world&#39;s biggest media company.
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Time Warner Inc. has reached a settlement deal with the US Department of Justice (DOJ) concerning accounting issues with its America Online Inc.