Corp-Ethics Home
Log In | Register New User
Home Company Search Related Articles Forum (new!)

Company AOL TimeWarner [Company Info]
  Track this Company (an email will be sent to you everytime a report is filed about this company)

Date Issue Title
27th May 2006 Fraud Investigation Time Warner, Ernst to Settle Fraud Suit

Report
Time Warner Inc., its AOL subsidiary and auditor Ernst & Young have agreed to pay $23 million to settle a lawsuit accusing them of defrauding a Pennsylvania pension fund for teachers and state workers.

The suit, filed in February 2004, claimed that the companies overstated revenue and subscriber figures after the merger of New York-based Time Warner and America Online Inc., based in Dulles, Va., was announced in 2000, Pennsylvania Atty. Gen. Tom Corbett said.

The Pennsylvania case was among a group of suits filed by more than 100 pension funds and other investors.

Other Reports on AOL TimeWarner
Date Issue Company Report
8th Aug 2006 Other Issue AOL TimeWarner AOL apology for search data error
24th Aug 2005 Questionable Practice AOL TimeWarner AOL pays out after Spitzer probe
3rd Aug 2005 Questionable Practice AOL TimeWarner Time Warner to Pay $2.4 Billion for AOL Suit
10th Jan 2005 Fraud Investigation AOL TimeWarner Ex-AOL staff face criminal charge
15th Dec 2004 Fraud Investigation AOL TimeWarner Time Warner fraud charge settled
20th Jun 2003 Questionable Practice AOL TimeWarner Excessive Spending

Related Reports from the Computing & IT Industry
Company Issue Report
Microsoft Corporation Questionable Practice Microsoft facing EU fines
Yahoo Fraud Investigation Company Files Fraud Lawsuit Against Yahoo
Google Questionable Practice Google discrimination lawsuit
Microsoft Corporation Questionable Practice Microsoft may face daily EU fine
Microsoft Corporation Questionable Practice Microsoft faces new probe
 
Contact Us | Terms of Service | Privacy Policy | Add Report | Links
© 2006 Corp-Ethics.com | Corporate Ethics