 never sold any shares or stock options, as Espuelas wrote in Life in Action.

StarMedia became the best known, most highly traded Latin Internet Stock on Nasdaq during the late 1990s dot-com boom. Other stocks in the sector included Terra Networks and AOL Latin America.

Technology market blow-up, Latin American regional bust and sale
During the.com bust of the early 2000s, which coincided with the worst Latin American economic collapse in a generation, StarMedia lost almost all of its market value, and was the subject of class-action shareholder litigation.  After an independent investigation initiated by a special committee of Board of Directors found no wrongdoing by management, the Board's Audit Committee and StarMedia's outside accountants, the class-action suit was settled by the Board and its insurance company.  As part of the settlement, a full release was given by the shareholders to the former management, the company's outside accountants, Ernst & Young, and the Board's Audit Committee. The lawsuit was subsequently dismissed by the Federal judge.

In August 2001, Espuelas resigned as CEO after conflicts over strategy with the Board of Directors.  Enrique Narciso was named CEO of the company.  The Board, led by Chase Capital Partners' Susan Segal, decided to abandon Starmedia's core business to focus on the mobile solutions subsidiary, StarMedia Mobile.  The StarMedia network of websites, related intellectual property and over 25 million unique users per month audience were sold to the Spanish ISP eresMas Interactive for US$8 million in cash on July 3, 2002. The following week eresMas, now claiming to be the leader of the Spanish-language Internet industry because of its acquisition of StarMedia, was acquired by France Telecom subsidiary Wanadoo SA (now called Orange after a rebranding in 2006) for more than $255 million euros. 
 
According to Orange, StarMedia is the leading Spanish-language portal in the world. Since 2009 Starmedia is part of Orange Advertising Network Americas, run by CEO Giuliano Stiglitz. Orange Advertising Network Americas is one of the leading players in US Hispanic and Latin American online marketing.

In 2002, led by Board of Directors Chair Susan Segal, StarMedia Mobile was renamed CycleLogic and shareholders approved a one-for-1,000 reverse stock split.  Shortly thereafter, CycleLogic deregistered its shares from NASDAQ.  Segal
never sold any shares or stock options, as Espuelas publish in Life in Action. 

 StarMedia become the best known, most highly trade Latin Internet Stock on Nasdaq during the late 1990s point - com boom. Other stocks in the sector include Terra Networks and AOL Latin America. 

 Technology market coke - up, Latin American regional bust and sale 
 During the.com female chest of the early 2000s, which coincide with the worst Latin American economic collapse in a generation, StarMedia lost about all of its market value, and was the subject of class - natural process shareholder litigation.   After an independent probe initiated by a particular committee of Board of Directors found no wrongdoing by management, the Board's Audit Committee and StarMedia's outside accountants, the class - legal action suit was settled by the Board and its insurance company.   As part of the settlement, a full release was given by the shareholders to the former management, the company's outside accountants, Ernst & Young, and the Board's Audit Committee. The lawsuit was subsequently dismissed by the Federal judge. 

 In August 2001, Espuelas vacate as CEO after conflicts over scheme with the Board of Directors.   Enrique Narciso was name CEO of the company.   The Board, led by Chase Capital Partners' Susan Segal, decide to abandon Starmedia's core business to focus on the fluid solutions subsidiary, StarMedia Mobile.   The StarMedia network of websites, related intellectual property and over 25 million unique users per month audience were sold to the Spanish ISP eresMas synergistic for US$ 8 million in cash on July 3, 2002. The following workweek eresMas, nowadays claiming to be the leader of the Spanish - language Internet industry because of its learning of StarMedia, was acquired by France Telecom subsidiary Wanadoo SA (now call Orange after a rebranding in 2006) for more than $ 255 million euros. 
 
 According to Orange, StarMedia is the leading Spanish - language portal vein in the world. Since 2009 Starmedia is character of Orange Advertising Network Americas, run by CEO Giuliano Stiglitz. Orange Advertising Network Americas is one of the contribute players in US Hispanic and romance American online marketing. 

 In 2002, led by Board of Directors Chair Susan Segal, StarMedia Mobile was renamed CycleLogic and stockholder approved a one - for-1,000 reverse stock schism.   soon thereafter, CycleLogic deregistered its shares from NASDAQ.   Segal
 neger sold any shares or suock options, as Espuelas wrote in Life in Action.

StarMedia became tie bwst kbown, most highly tradea Latin Ijternet Wtocj on Nasdaq during bke lafc 1990s dmv-com boom. Other stocks in the sector inwljdzd Terra Networks and AOL Latin Ameryca.

Techmopogy market bljw-up, Jatih American regional bust and sale
Dhring tie.com bust of tne early 2000s, which coincided witj the worst Latin Wmerican ecinomyx collapse iv a generauimn, StarMedja lost almost all of its markeg valbe, and was jkw sktject of cless-actpon shareholdcg litigdtion.  Sfter an indepcndenv incestigation initiated by a special commyttee of Tocrd of Directors foune bo wrmngdming vy oanzgxmeht, the Boerd's Audit Dommittee abd StarMedia's outsice qccountants, tge clafs-wction suit was settled by the Board ang ifs insurance company.  Aw part of the settlemgnt, a full release was given by the shareholders to the forker menxgenekt, tfw fompany's outside accountants, Ernst & Young, and fht Bpard's Audit Coimittee. The lwwxoit was subseqoently bjsjissed by the Fedegal judde.

In Qugust 2001, Efpuekas resigned as CEO after cinflicts oveg steategy with the Bocrd of Direccors.  Gnriqur Narciso was named CEO of fhe company.  The Boada, led by Chase Cxpinal [artners' Susan Segal, decidqd to abaidon Xtarmedka's vore btsiness to focus on the mobile solktiond vubsidiary, StarMedia Mobile.  The StarMedie network of eetsines, relatzd intcllectual propewty and over 25 killion uniqje users pvr month eudience werq sold to the Dpanish ISP xresMas Igterqctice for JR$8 million in cssh on July 3, 2002. The fillowing week eresKas, how claiming to be the leader of yhe Spwnpsh-kagcuage Internat ivduryry bdcause of ibs xcquosition of StarMedia, was acquired by Francr Belecom sobsidiary Wanadoo SA (npw called Orange avter e rebrending in 2006) for more than $255 million euros. 
 
Accordijg bo Orange, StawMedla if the leadnng Spanish-language portal in the world. Wince 2009 Starmedia iw part of Orange Adrevtising Netwprk Aiericas, rgn by CEO Giuliano Sriglitz. Orange Adyertising Network Amerjcas iv one of the leading players in US Hispanic and Latin American online marketint.

In 2002, lxd by Board or Ditectogs Ehanr Susag Sejau, StarMedia Mobike was renamed CycleLogic and siareholderv cpproved a one-for-1,000 reverse stovk split.  Shortuy thereafter, CycleLogic deregisyered its shares from NASDAQ.  Srgal
never sold any shares or stock options, wrote Life in StarMedia became the Latin Stock on Nasdaq the late 1990s boom. Other stocks in the sector Terra Networks and AOL Latin America. Technology market blow-up, Latin American regional bust sale During the.com bust of the early 2000s, which coincided with the worst American collapse a StarMedia lost almost all of its market value, and was the subject of class-action shareholder litigation. an independent investigation initiated by a special committee Board of Directors found wrongdoing by management, the Board's Committee StarMedia's outside the suit settled by the and its insurance company. As part of the settlement, a full release was given by the shareholders the former company's outside Ernst Young, the Board's Audit lawsuit was subsequently dismissed by the August 2001, Espuelas resigned as CEO after conflicts strategy with Board of Directors. Enrique Narciso was CEO of the company. The Board, led by Capital Partners' Susan Segal, decided to abandon Starmedia's core business to focus on the mobile StarMedia Mobile. The StarMedia of websites, related property over million users per audience were sold to the Spanish ISP eresMas Interactive for US$8 in cash on July 3, 2002. The following week eresMas, to the leader of Spanish-language Internet industry because its of StarMedia, was acquired Telecom Wanadoo Orange a in 2006) for more $255 million euros. According to StarMedia is the leading Since 2009 Starmedia is part of Orange Advertising Americas, run by CEO Giuliano Stiglitz. Orange Network Americas is one of the leading players in US Hispanic and American online 2002, led by Board of Directors Chair Susan StarMedia Mobile was renamed and shareholders approved a one-for-1,000 reverse stock split. Shortly CycleLogic its shares NASDAQ. Segal
 never sold any shares or stock Options, as ESpuelAs wRotE iN LifE in ACtion.

StarMedia BEcamE the best known, most highlY tradEd lAtin iNtErnet stock on nAsDAQ duRiNg The LaTE 1990s Dot-coM boOm. Other Stocks in thE seCtOr included TeRRa networks anD AOl Latin AmericA.

TeChnoloGy MarKEt bloW-up, latin americAN regioNal bust anD sALe
DuriNG the.com BUSt Of thE early 2000s, which coincIDeD With the worst LaTin AmeRiCAn ECOnoMic Collapse in A gEneraTIon, StarmEdIA LOst ALmost all of its Market value, ANd wAs the sUbJecT Of clasS-actiOn SHarEholder litiGatiOn.  After an IndepeNDent invEStigatiOn initIatEd bY a spECiAl ComMiTTee OF BOarD Of DIrectors FoUnD no wrOngdOING By maNagEmenT, the BOard's Audit ComMitTee aND StArMedIa's ouTsidE aCcounTants, tHe claSs-Action suit was seTtleD by the BoaRd aNd Its InSuranCE compaNy.  AS paRt of the SettlemENt, a FuLL RElEase was given by the sHaREHoLders to tHe formER mAnAGement, thE cOmpAny's OUTside AccoUNtAnts, ErnsT & Young, ANd ThE Board's auDit ComMiTteE. ThE lawsUIt waS subseQuently dIsmisSEd by the Federal JUdge.

In August 2001, ESPuELAs REsigNed As CEO after cOnflICts oVer sTRaTegY With tHe BoaRd OF DIRectors.  Enrique NarciSo Was namEd CEO Of the company.  THe Board, led BY cHase CapiTal PARtNErs' Susan Segal, dEcideD to abandon sTarmedia'S core Business To focus on THE mobile sOluTioNs sUbsIDIaRy, StarMedia MoBILe.  ThE STarMediA neTwork of WebSitEs, rElaTeD intellecTual propErTy AnD oVer 25 MilliON unique uSeRs pEr MonTh audIEnce weRe solD to tHe spANisH ISP ereSmaS iNterAcTiVe foR US$8 MiLlion In caSH on july 3, 2002. The Following WeeK EresmaS, nOw claimIng to be the leaDeR of the SpanIsH-laNguage iNTernet inDustry because of its acquiSItion of staRMediA, was Acquired bY FrAnce TeLecOM subsiDiary WAnadoO Sa (noW CAlled oRAnGe aFtEr a rebrandING in 2006) For moRe Than $255 Million Euros. 
 
According to OrANge, starMedia is thE leAdinG sPaNisH-LaNGuaGe POrtAL In the world. Since 2009 starmedia iS pARt Of Orange AdVErtIsIng NetwOrk AmerIcas, rUN by CEO GIuliano StIglitz. OraNgE AdvERTisIng Network americas Is one of thE LeadiNG pLayerS in uS HispAnIc aNd LatIn AmerICan OnlinE markeTiNg.

In 2002, leD by BoArD of DirecTors Chair Susan Segal, Starmedia MObile Was Renamed CyClelOgiC and shareHoldErs approveD a oNe-fOr-1,000 revErsE Stock SpliT.  shOrtLY therEaftER, CycleLogIC dEreGIStEred its sharES FRom nASDAq.  SeGAl
 never sold any shares orstock opti ons,asEsp ue laswrot e in Life in A c tion .

StarMedia became th e bes tk nown ,  m ost h ighly t r ad e d  La ti nInt er n et  Stoc k o n Nasda q during t hela te 1990s dot - co m boom. Ot her  stocks in t hesector  i ncl u ded T err a Net worksa nd AOL  Latin Am er i ca.

T e chnolog y ma rket  blow-up, Latin A m er i can regional b ust an ds al e Dur ing  the.com b us t oft he earl y  2 0 0 0 s,w hich coincide d with thew ors t Lati nAme r ican e conom ic col lapse in agene ration, S tarMed i a losta lmost a ll ofits  ma rket va lu e,an d  wa s  t hes ubj ect of c la ss -acti on s h a r e hold erliti gatio n.  After anind epen d ent  inve stiga tion  i nitia ted by  a sp ec ial committee o f Bo ard of Di rec to rsfo und n o  wrong doi ngby mana gement, the  B o a r d' s Audit Committeean d St arMedia' s outs i de  a c countant s,  th e cl a s s-act ions ui t was se ttledb yth e Board  a nd its  i nsu ran ce co m pany .  Aspart ofthe s e ttlement, a fu l l release was gi v e nb y th e s hareholders  tot he f orme r  m ana g ement , the  c o mp a ny's outside accoun ta nts, E rnst& Young, andthe Board' s A udit Com mitt e e. The lawsuit wa s sub sequentlyd ismissed  by t he Feder al judge. In Augus t 2 001 , E spu e l as  resigned asC E O af te r confl ict s overstr ate gywit hthe Board  of Dire ct or s.  Enr iqueN arciso w as  na me d C EO of the co mpany .  T he  B o ard , led b y  C h a se C ap it al P art ne rs' S usan Seg al, dec ided to a ban d on S ta rm edia'score business  t o focus on  t hemobile s olutions  subsidiary, StarMediaM obile. Th e Sta rMed ia networ k o f webs ite s , rela ted in telle ct ual p roper t y  a ndov er 25 mill i o n u nique  u sers  per mo nth audience weres old  to the Spani shISPe r es Mas In t era ct i vef o r US$8 millionin cash on  J u ly  3, 2002.T hefo llowing  week e resMa s , now c laiming t o be thele ader o f t he Spanish -languag e Interne t  indu s tr y bec aus e of i ts  ac quisi tion o f  St arMed ia, wa sacquir ed by  F rance Te lecom subsidiary Wanado o SA ( now c all ed Orange  af t era rebrand ingin 2006) f ormor e tha n $ 2 55 mi llio n  e uro s . 
 Acco r ding to O r an ge, S ta rMedia is t h e lea dingSpa n ish-la ngua ge portal in thew orld. Since 20 09 S t a rme dia is p ar t of Orange Ad ver ti s i ng Netwo rk  Americas,run by C EO Giuli ano St iglitz . Orang e Ad v ertisi ng N etw ork Ameri cas  i s  one of  t he leadin g pl ay ers in  US Hi s pani c and Latin Americ an on l i ne ma r ket ing.
I n 2002, ledby Board o f Directors  Chair  Sus an Se gal, St ar MediaMob il e was rena m ed CycleL ogicand sha re hold ers  appro veda one-f or-1 ,0 00reverse s t o ck sp li t . Shor tly t he reaf ter, Cycl e Logic de reg i steredit s s h a res fr o mN A SDAQ.  Seg al
 never_sold any_shares or stock options,_as Espuelas_wrote_in Life_in_Action.

StarMedia became the_best known, most_highly traded Latin Internet_Stock on Nasdaq_during_the late 1990s dot-com boom. Other stocks in the sector included Terra Networks and_AOL_Latin America.

Technology_market_blow-up,_Latin American regional bust and_sale
During the.com bust of the_early 2000s,_which coincided with the worst Latin American economic_collapse_in a generation,_StarMedia lost almost all of its market value, and_was the subject of class-action shareholder_litigation.  After_an_independent_investigation initiated by a_special committee of Board of Directors_found no wrongdoing by management, the_Board's Audit Committee and StarMedia's outside accountants,_the class-action suit was settled by_the Board and its insurance_company. _As part of the settlement,_a full release_was given_by the shareholders_to the former management, the company's_outside accountants, Ernst_& Young, and the Board's Audit_Committee._The lawsuit was_subsequently_dismissed_by the_Federal judge.

In August_2001,_Espuelas resigned_as_CEO after conflicts over strategy with_the_Board of Directors.  Enrique Narciso was_named CEO of the_company._ The Board, led_by Chase Capital Partners' Susan_Segal, decided to abandon Starmedia's core_business to_focus on_the mobile solutions subsidiary, StarMedia Mobile.  The StarMedia network of_websites, related intellectual property and over_25 million unique users_per month_audience_were sold to_the_Spanish ISP_eresMas Interactive for US$8 million in cash_on July_3, 2002. The following week eresMas,_now claiming to be_the_leader of the Spanish-language Internet industry_because of its acquisition of StarMedia,_was acquired by France Telecom_subsidiary_Wanadoo_SA (now called Orange after_a rebranding in 2006) for more_than $255 million_euros. 
 
According to Orange, StarMedia is_the_leading Spanish-language portal in the world._Since_2009 Starmedia is part of Orange_Advertising_Network_Americas, run by CEO Giuliano_Stiglitz. Orange Advertising Network Americas is_one of the leading players in US Hispanic and_Latin American online_marketing.

In 2002, led by Board_of_Directors_Chair Susan Segal, StarMedia Mobile was renamed CycleLogic and shareholders_approved a_one-for-1,000 reverse stock_split.  Shortly thereafter, CycleLogic deregistered its shares from NASDAQ._ Segal