Pete Wentz And Ashlee Simpson Are Not Engaged

Ashlee Simpson and her Fall Out Boy rocker Pete Wentz are not engaged. The New York Post’s Page Six first speculated on said engagement after the singer rocked a ring on her left finger while co-hosting the New Year’s Eve 2008 celebration at Miami’s Shore Club with BF Pete Wentz, but rumors of a walk down the aisle for the twenty-somethings were sparked as far back as early November.