{"id":4451,"date":"2007-06-11T19:19:15","date_gmt":"2007-06-11T19:19:15","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/06\/aol_time_warner_shareholders_m_1"},"modified":"2022-03-28T14:07:07","modified_gmt":"2022-03-28T19:07:07","slug":"aol-time-warner-shareholders-m-1","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/aol-time-warner-shareholders-m-1\/","title":{"rendered":"AOL Time Warner Shareholders May be Able to File Late Fraud Claims if Class Certification is Denied."},"content":{"rendered":"<p>\t\t\t\tFollowing the 2001 merger of AOL and Time Warner the stock price of the combined company, AOLTW, went into a year-and-a-half decline, and numerous shareholder class action securities fraud suits were filed. The various class actions were consolidated in a federal court in New York.<\/p>\n<p>If the case is soon dismissed AOL Time Warner Inc. shareholders may be able to bring otherwise expired individual securities fraud claims against the company, but they must first wait for a decision on class certification in a pending lawsuit, a federal court in New York ruled.<\/p>\n<p>When a class action is on file, the statute of limitations for an investor to file an individual claim will be &#8220;tolled&#8221; (extended while the class action is pending) but such tolling can not be used until &#8220;class certification&#8221; is approved by the court.  The &#8220;standby suit&#8221;&#8211;anticipating the denial of certification&#8211; was filed by the investor, but the court determined that, because the limitations periods had expired on the investor&#8217;s individual claims his case, and the class action was still pending, tolling during the class action could not be employed and the case was dismissed.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/aol-time-warner-shareholders-m-1\/\"  title=\"Continue Reading AOL Time Warner Shareholders May be Able to File Late Fraud Claims if Class Certification is Denied.\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Following the 2001 merger of AOL and Time Warner the stock price of the combined company, AOLTW, went into a year-and-a-half decline, and numerous shareholder class action securities fraud suits were filed. The various class actions were consolidated in a federal court in New York. If the case is soon dismissed AOL Time Warner Inc. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3804,3741],"tags":[],"class_list":["post-4451","post","type-post","status-publish","format-standard","hentry","category-class-action-lawsuits","category-securities-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AOL Time Warner Shareholders May be Able to File Late Fraud Claims if Class Certification is Denied. &#8212; Investor Lawyers Blog &#8212; June 11, 2007<\/title>\n<meta name=\"description\" content=\"Following the 2001 merger of AOL and Time Warner the stock price of the combined company, AOLTW, went into a year-and-a-half decline, and numerous &#8212; June 11, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/aol-time-warner-shareholders-m-1\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"AOL Time Warner Shareholders May be Able to File Late Fraud Claims if Class Certification is Denied. &#8212; 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