It's about time!
Life & Style is reporting that Ashlee Simpson went into labor on Saturday.
So, Pete Wentz should be welcoming his first child into the world any second now.
Update: Ughh, those liars!
Life & Style have changed their story.
They now say, "Ashlee went into the hospital, but she was released a short time later. It was a false alarm," an insider tells Life & Style.
[Image via WENN.]