Judge to MP3.com: "Guilty as Charged"
The roller-coaster fortunes of <A HREF="http://www.mp3.com/">MP3.com</A> took a downturn April 28, when US district judge Jed S. Rakoff found in favor of the <A HREF="http://www.riaa.com/">Recording Industry Association of America</A> in its copyright-violation suit against Internet music site MP3.com. Investors in the once–high-flying startup immediately began unloading shares of the company's stock, which had dropped 40% by the end of the trading day.