It is interesting that I can’t find this on NY Times or WSJ at this moment. All this news from across the pond…
AOL Time Warner accused of insider trading Two institutional shareholders launch a lawsuit accusing top executives at media giant AOL Time Warner of insider trading. [Via BBC]
Ted Turner and Steve Case are named directly.
The suit also named the AOL and Time Warner’s financial advisers, Morgan Stanley and Salomon Smith Barney and its parent, Citigroup. Morgan Stanley executives could not immediately be reached for comment, and Citigroup had no immediate comment. [ZDNet UK]