Time Warner Settles 2 Cases Over AOL Unit
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Time Warner reached agreements with the Justice Department and the S.E.C. over irregularities at the America Online unit.
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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.
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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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AOL has settled with 48 states and the District of Columbia over an investigation stemming from its previous cancellation policies in which some customers were unable to close their AOL accounts, or found themselves being billed for services after thinking they had canceled.
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Time Warner Inc., the world&#39;s biggest media company, agreed to pay $510 million to resolve US investigations into whether its America Online unit improperly booked advertising sales.
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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., the world's largest media company, won approval yesterday of a settlement of an investor lawsuit that a judge says will require the company to make changes in how it governs itself.
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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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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.
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Although the specter of a criminal prosecution of Time Warner Inc. all but vanished with yesterday&#39;s Justice Department settlement, the company&#39;s tentative $300 million agreement to settle
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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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There&#39;s a report that the Securities and Exchange Commission and Time Warner are close to a settlement over accounting questions at the media giant&#39;s America Online unit.
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Time Warner Inc. said yesterday that it is creating a $500 million reserve in response to the federal investigations of its America Online unit and that it also will restate AOL Europe&#39;s financial results for 2000 and 2001.
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Time Warner said yesterday that it had agreed to pay the US government $510 million (R3 billion) to resolve criminal and civil charges that its America
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The U.S. government will charge Time Warner Inc's  America Online unit with aiding and abetting securities fraud but will defer prosecution for two years, a U.S. Justice Department official said.
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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 is to announce today that it will pay between $500 and $600 million to settle federal investigations into irregularities at America Online, according to reports in the American press.