The SEC announced yesterday that the court overseeing its case against Time Warner has  approved the Commission's plan to distribute to injured investors the $300 million paid by Time Warner Inc.  The distribution plan is, as is often the case lately, for the money to be dumped into the separate Time Warner securities class action settlement pool, and disbursed by the claims administrator in that case.  For more on this growing (and SLW-approved) practice, see this post and the many others linked to in it.