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AOL, Inc AOL Securities Stock Fraud

Company: AOL, Inc
Ticker Symbol: AOL
Class Period: Aug-11-11 to Apr-9-12
Date Filed: May-3-12
Lead Plaintiff Deadline: Jul-2-12
Court: ---
New York, NY: A securities class action lawsuit has been filed against AOL. The lawsuit was filed on behalf of everyone who sold shares of AOL, Inc. -stock between August 11, 2011, and April 9, 2012.

On April 9, 2012, AOL, Inc. announced the sale of a portion of its patent portfolio for more than $1 billion. The price of AOL stock subsequently soared from approximately $18 to $26 per share. Between August 11, 2011, and April 9, 2012, AOL, Inc. bought several million shares of common stock. The lawsuit alleges that while purchasing its common stock AOL misled investors about its financial condition, thereby artificially reducing the price that AOL paid for its shares.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

AOL, Inc AOL Securities Fraud Legal Help

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Published on May-3-12


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