Shares in AOL Time Warner plunge

Shares in the world’s largest media company plunged today as it faced a probe into its accounting practices in part linked to its dealings with Wembley plc.

Shares in AOL Time Warner plunge
Thu, 25 Jul, 2002 - 20:38

Shares in the world’s largest media company plunged today as it faced a probe into its accounting practices in part linked to its dealings with Wembley plc.

US financial regulators are investigating allegations that AOL Time Warner inflated the advertising revenue for its America Online division.

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