ABN And Goldman Cleared

Prosecutors have investigated charges that the two banks misused priviledged information and published a misleading prospectus, but the public prosecutor's office in Amsterdam confirmed that they found no evidence of wrongdoing.

A group of Online investors claimed that the banks misled investors by failing to disclose that Nina Brink, World Online's then chairwoman, sold shares in the company three months prior to the IPO. The shares were sold to the public in March 2000 and, within 10 months, had lost three-quarters of their value.