The University of California will file an action in California state court against AOL Time Warner Inc., its directors and officers; its auditor, Ernst & Young LLP; and the financial advisors involved in the 2001 AOL Time Warner merger -- Citigroup, Salomon Smith Barney and Morgan Stanley Inc. -- claiming securities fraud arising out of the collapse in the price of AOL Time Warner stock. The university's complaint will allege that AOL materially misrepresented its revenues and number of subscribers during the period prior to and immediately after its January 2001 merger with Time Warner Inc. Full story.

Lab Well-Represented
At April APS Meeting

Freedman

More than two dozen scientists at Berkeley Lab will present talks and papers at the American Physical Society’s meeting in Philadelphia, April 5-8. Featured speakers include astrophysicist Saul Perlmutter, who will lead a Sunday session on "Supernovae and Dark Energy – What’s Next?" Nuclear scientist Stuart Freedman will give a Sunday

	McMahan

plenary talk on "Solar Neutrinos." Peggy McMahan and David Clark will discuss "Lawrence’s Legacy: Seaborg’s Cyclotron -- the 88-inch turns 40." And Karsten Heeger will give his Dissertation Award Prize talk on Monday. Program details can be found here.

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