AOL Accounting, Time Warner Restatement
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Time Warner Inc. announced that it has set aside $500 million in legal reserves in connection with a government probe and that it will restate its financial results for 2000, 2001, and possibly 2002.
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Time Warner Inc., the world&#39;s biggest media company, may pay as much as $500 million to settle US government probes into whether it improperly booked advertising sales at its America
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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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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 publishing company merged with AOL.
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Time Warner Inc. is close to a deal with U.S. regulators in which the world's largest media group would pay about &#36;750 million to settle allegations of accounting irregularities at its America Online division, The Washington Post reported on Tuesday.
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Time Warner Inc.  said on Thursday it will make a decision on AOL's future by the end of the year, addressing rampant speculation the online unit could be spun off or merged with another company.
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Media giant Time Warner will pay approximately $510 million to settle various fraud charges regarding its America Online (AOL) unit with two US regulatory agencies, the company revealed this morning.
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Time Warner Inc., the world&#39;s largest media company, said third-quarter profit fell 7.8 percent after it set aside $500 million to resolve government investigations into its accounting practices at America Online.
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America Online, the internet division of Time Warner, will be charged with criminal securities fraud but is likely to avoid prosecution under a settlement
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Time Warner agrees to pay $210m to settle charges of securities fraud involving America Online.
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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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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. 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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AOL accounts facTime Warner has finalised a deal with Federal authorities over fraud allegations against its AOL subsidiary. Under the terms of the deals, Time Warner will pay fines totalling some $510mn and
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Time Warner (TWX:NYSE - news - research) is on the brink of announcing settlements with the Justice Department and the Securities and Exchange Commission, it was reported Wednesday.
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Time Warner has set aside a $500m (Â£272m) war chest to cover regulatory and legal action over accounting practices at its America Online division.
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Time Warner has been forced to set aside $500 million to deal with legal costs following investigations into accounting practices at the world&#39;s biggest media company.