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StarMedia controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2001

    Shareholder litigation after market-value collapse

    Following the dot-com crash and the collapse of Latin American markets, StarMedia lost most of its market value and faced class-action shareholder litigation. A special committee investigation reported no wrongdoing by management, the audit committee, or the company's outside accountants. The case was settled and subsequently dismissed, with releases covering former management, the audit committee, and Ernst & Young.