Securities Law Prof Blog

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

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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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