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Violation Tracker Individual Record

Company: Time Warner Inc.
Penalty: $300,000,000
Year: 2005
Date: March 21, 2005
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Secondary Offense: fraud
Mega-Scandal: Early 2000s Accounting Scandals
Violation Description: Time Warner Inc. agreed to pay $300 million to settle allegations of materially overstating online advertising revenue and the number of its Internet subscribers, and aiding and abetting three other securities frauds.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.