Technology & Science
Mar. 7, 2007
After $246 Million Settlement, Experts Predict More Opt-Outs
LOS ANGELES - Time Warner's decision to pay a record $246 million to settle securities' fraud claims with a public pension fund that opted out of a larger class action against the company could prompt more large opt-outs, experts say.
Daily Journal Staff Writer
LOS ANGELES - Time Warner's decision to pay a record $246 million to settle securities' fraud claims with a public pension fund that opted out of a larger class action against the company could prompt more large opt-outs, experts say.
The settlement with the University of California regents, announced in late February, comes on the heels of a $...
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