Time Warner to pay $510m after AOL&#39;s fraud charges
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LONDON - Time Warner, the world&#39;s largest media company, is to pay out $510m (Â£260.9m) to US authorities following two federal investigations into its internet unit AOL.
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Veritas Software has agreed to pay $30 million to the U.S. Securities and Exchange Commission (SEC) to settle charges that it engaged in fraudulent accounting practices and aided Time Warner's America Online (AOL) in committing fraud.
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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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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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Time Warner agrees to pay $210m to settle charges of securities fraud involving America Online.
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Time Warner has agreed to pay more than $500 million to settle wide-ranging criminal and civil allegations that its America Online division improperly pumped up revenue and engaged
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Time Warner Inc.'s  AOL reached  a settlement with 48 states and the District of Columbia under  which it will change its policy on account cancellations,  officials announced on Wednesday.
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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 is nearing settlement with the Securities and Exchange Commission and the Justice Department on the accounting scandal in AOL.
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The U.S. government will charge Time  Warner Inc's TWX.N 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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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 Thursday it agreed to sell AOL France's Internet access business to Neuf Cegetel, a French telecommunications network operator, for about $365 million in cash.
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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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Plan to repurchase $315 million in shares owned by Time Warner marks end of deal dreamed up at height of Internet appliance vogue.
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NEW YORK - Time Warner Inc. said Wednesday it had created a $500 million legal reserve to deal with ongoing federal probes of its America Online division.
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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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The U.S. Department of Justice (DOJ) will announce a settlement deal it has reached with Time WarnerÂ concerning accounting issues with its America OnlineÂ (AOL) Internet division on Wednesday, according to a source familiar with the matter.