Time Warner  Settles AOL Cases For &#36;510 Million
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Time Warner Inc. yesterday agreed to pay &#36;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 tarnished its image and impeded its business after its merger with AOL in 2001.
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NEW YORK, December 16: In addition to its $210 million settlement with the Department of Justice over securities fraud at America Online, Time Warner has reached a proposed settlement with the Securities and Exchange Commission for a further $300 million
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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 and its AOL subsidiary have reached a settlement with the US Department of Justice (DOJ) that ends an investigation of the company over accounting and disclosure practices.
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Media conglomerate Time Warner Inc.  reached agreements in February to pay $405 million to settle  lawsuits brought by shareholders related to past accounting  problems at AOL, according to a regulatory filing on Friday.
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Time Warner, the world&#39;s largest media company, on Wednesday said third-quarter profit fell as it established a $500m legal reserve and it will restate results for its AOL Europe unit prior to 2002.
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Time Warner is expected to settle with the Justice Department in its investigation of advertising deals between America Online and smaller Internet companies.
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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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Media giant Time Warner Inc.  will pay fines of &#36;210 million under an agreement with the U.S. government to be announced on Wednesday to settle charges that its America Online unit inflated revenue, a Justice Department official said.
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Media giant Time Warner Inc. TWX.N  will pay fines of $210 million under an agreement with the U.S.  government to be announced on Wednesday to settle charges that  its America Online unit inflated revenue, a Justice Department  official said.
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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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Wall Street is cheering Time Warner&#39;s $510 million settlement to make two federal probes go away - while lawyers for angry investors are drooling over it.
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Time Warner Inc.  estimates its  AOL division would lose almost &#36;1 billion in operating profit  through 2009 under a plan to offer the unit&#039;s services free to  some customers, The Wall Street Journal said on Tuesday.
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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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IBM (Quote, Chart) has agreed to pay $300 million to settle most of the claims in a class action lawsuit related to its pension plan, the company announced today.
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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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Time Warner said today it is establishing a $500 million legal reserve stemming from the on-going federal probes of its America Online unit and plans to restate the accounting for its stake