Harrisburg, Pa. (Feb. 26, 2004) -- Big Four firm Ernst & Young is among several companies named in a lawsuit filed this week by the Pennsylvania Public School Employees’ Retirement System, the Pennsylvania State Employees’ Retirement System, the Tobacco Settlement Investment Board and the State Workers’ Insurance Fund.

The suit, filed Tuesday in a Philadelphia state court, seeks to recover losses against Time Warner Inc., its AOL Subsidiary, and other related parties, including E&Y, Morgan Stanley, Citigroup Global Markets Inc., Banc of America Securities and J.P. Morgan Chase & Co.

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