AOL Investor Asks High Court To Review E&Y Fraud Suit

Law360, New York (May 10, 2011, 7:55 PM EDT) -- An AOL Inc. investor asked the U.S. Supreme Court last week to hear his appeal of a Second Circuit ruling dismissing his suit alleging Ernst & Young LLP approved tainted financial statements related to Time Warner Inc.'s merger with AOL.

In a petition for writ of certiorari filed May 3, AOL investor Dominic Amorosa and his co-petitioner attorney Christopher Gray said the Second Circuit failed to properly apply the Securities Litigation Uniform Standards Act of 1998 when it dismissed the suit he launched in May 2003...
To view the full article, register now.