Time Warner Agrees to Pay $510 Million to End Probes
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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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Time Warner will be paying $210 million as part of a settlement for securities fraud charges leveled by the US Department of Justice.
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November 05, 2004 - A government investigation into accounting practices at America Online has prompted Time Warner to set aside $500 million to cover the costs of potential fines.
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Time Warner pays big to settle fraud charges against its problem child, AOL.
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TIME WARNER has agreed to pay $510 million (Â£262 million) to settle claims that America Online (AOL), its internet division, overstated its earnings capacity.
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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 $750 million to settle allegations of  accounting irregularities at its America Online division, The  Washington Post reported on Tuesday.
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The insurance company has agreed to pay about $80 million to settle investigations into insurance sales that were used by companies to manipulate their earnings.
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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 Inc. and Comcast Corp. on Monday agreed to a pact giving Comcast an option to cut its stake in Time Warner's cable unit, opening the door for Comcast to unwind the entire partnership.
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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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Media giant Time Warner seems hopeful that the end of a long-running accounting investigation is in sight. The company said yesterday it has put $500 million in reserve to
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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. and Comcast Corp. agreed to a deal Monday giving Comcast an option to cut its stake in Time Warner&#39;s cable unit, opening the door for Comcast to unwind the entire partnership.
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Time Warner has agreed to pay $210 million to settle securities fraud charges involving advertising deals between America Online and smaller Internet companies.
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The Pimco mutual fund group, which on Monday settled federal charges of allowing rapid trading in stock funds, on Wednesday is expected to pay at least $15 million to settle a joint federal and state probe into revenue
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Time Warner Inc., the world's largest media company, won approval yesterday of a settlement of an investor lawsuit that a judge says will require the company to make changes in how it governs itself.
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Time Warner Inc. has agreed to pay more than $500 million to settle allegations that its America Online division improperly pumped up revenue and engaged in other unlawful practices before and after the two companies merged.-The Washington Post