Violation Tracker Individual Record
Company:Time Warner Inc.
Date:March 21, 2005
Primary Offense:accounting fraud or deficiencies
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
HQ Country of Parent:USA
HQ State of Parent:Texas
Ownership Structure of Parent:publicly traded
Major Industry of Parent:telecommunications
Specific Industry of Parent:telecommunications
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