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American Tower Gets Subpoeaned By DOJ In Stock Options Probe
May 24, 2006 at 6:58 AM (PT)
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Already the subject of an SEC investigation of its stock oprion practices, AMERICAN TOWER says that it has received a subpoena from the DEPARTMENT OF JUSTICE in the matter. The company disclosed that it has been subpoenaed by the U.S, Attorney's Office for the Eastern District of NEW YORK, and due to the investigations will suspend its stock buyback program pending internal review.

