Time Warner

Time Warner Settles AOL Cases For $510 Million December 16, 2004

"''Time Warner Inc. yesterday agreed to pay $510 million to settle criminal and civil charges stemming from an accounting scandal at its America Online division.. Both Time Warner and Dulles-based AOL pledged to cooperate in ongoing civil and criminal investigations of individuals, and to clean up various accounting and internal practices at the Internet company. In return, Time Warner avoided a criminal prosecution .."


 * http://www.washingtonpost.com/wp-dyn/articles/A1430-2004Dec15.html