AOL Fraud Claim Settled
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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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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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The state of Ohio said on Wednesday that it had reached a $144 million settlement with Time Warner Inc. on behalf of six state funds that claimed they were defrauded after the publishing company merged with AOL.
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The state of Ohio said on Wednesday that it had reached a $144 million settlement with Time Warner Inc. on behalf of six state funds that claimed they were defrauded after the media conglomerate merged with the online service AOL.
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Time Warner Inc. has agreed to pay $210 million to settle securities fraud charges involving the company&#39;s America Online unit, law enforcement officials said Wednesday.
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WASHINGTON -- Time Warner Inc. Wednesday agreed to pay $510 million to settle criminal and civil charges stemming from an accounting scandal at its America Online division, moving to end a messy affair that
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Two former executives at America Online were among six people charged Monday with fraud and making false statements to auditors as part of the federal government's ongoing investigation into illegal accounting practices at AOL. -AP
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More than six years after America Online's troubled marriage to Time Warner, investors hurt by accounting tricks before and after the merger will begin to receive proceeds of the company's multibillion-dollar settlement in a huge class-action lawsuit.
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Snared A California fraudster who posed as a rep from AOL's billing department in order to trick users into handing over financial details was jailed for 70 months (five years and 10 months) on Monday, Information Week reports.â¦
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ST. LOUIS, Dec. 19 -- The three largest Internet companies agreed to pay a total of $31.5 million to settle civil allegations that they took ads for illegal gambling, a federal prosecutor said yesterday.
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Time Warner is expected to announce a settlement with the Justice Department in its investigation of advertising deals between America Online and smaller Internet companies that may
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Time Warner Inc. and other  defendants including America Online and Ernst &amp; Young have  agreed to pay &#36;23 million to settle a lawsuit accusing them of  defrauding pension and investment funds in Pennsylvania, the  state&#039;s Attorney General said on Thursday.
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The settlement worth $31.5 million resolves accusations that the companies promoted illegal Internet gambling, the Justice Department said.
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A class-action lawsuit that alleged Microsoft Corp. overcharged consumers was settled Wednesday for an undisclosed amount.
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AOL has settled with the state of Florida after an investigation regarding over 1,000 customer complaints related to the Internet service provider's billing and subscriber practices. AOL previously settled with New York after AOL employees refused customer requests to cancel their accounts.
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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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The charges of accounting improprieties at AOL date back to 2000. Some analysts had been expecting Time Warner to pay $500 million to $600 million to settle all of its criminal and civil charges with the Justice