Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Wednesday, February 7, 2007

No Fraud Convictions in AOL Case

Two former AOL employees were acquitted of criminal charges that they helped a client, PurchasePro, post fictitious revenues.  The trial lasted four months in Alexandria, Va. Purchase Pro's lawyer was acquitted in an earlier trial.  See Washington Post, 3 Acquitted In Lengthy AOL Trial

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