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AOL Time Warner is getting used to stock fraud cases resulting from revelations about its finances: More than 30 have been filed so far. The latest was brought Monday in a state court in Los Angeles. The University of California, which owned more than 11 million Time Warner shares at the time the media company merged with AOL, is one of the two plaintiffs in the latest private securities fraud case. UC, a main plaintiff in a shareholder suit against Enron Corp., claims to have lost $450 million due to “tricks” and “contrivances” by AOL Time Warner execs. UC’s lawyers from Milberg Weiss Bershad Hynes & Lerach are experienced enough to know that while most securities cases end up in federal courts, California courts can be a friendlier forum. … It’s tax day for most of us, but it might have been a particularly taxing day for Mark Swartz. The former finance chief for Tyco International was slated to stand trial today for allegedly evading $5 million in taxes. But U.S. District Judge Joseph DiClerico in Concord, N.H., postponed the start. The possible bad news for Swartz: DiClerico only pushed the trial back until July 8. That means state prosecutors in Manhattan, whose corruption trial against Swartz and other Tyco execs is slated for late September, will get a preview of Swartz’ defense. … Calling on Supreme Court justices to speak up, Dahlia Lithwick notes in a Slate column posted Monday that justices’ extra-curricular speeches are usually “slightly less interesting than perusing the Federal Reporter.” But she credits Justice Anthony Kennedy for candor in his critique of Senate Democrats and Republicans for playing games with the judicial nomination process. The justice touched on the subject during a speech at the University of Virginia last week. “The members of the high court should be a little more willing to weigh in on the crisis facing their colleagues on the bench,” she wrote. Related links: AOL Time Warner Execs Accused of Insider Training Judge Postpones Tax Evasion Trial of Ex-Tyco CFO Confirmation Consternation

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