Vivendi: Court Dismisses Investors' Claims for Damages in Long-Running Dispute
07 Luglio 2021 - 7:25PM
Dow Jones News
By Mauro Orru
Vivendi SE said that the Paris Commercial Court has dismissed
claims for damages from several investors who sought compensation
for losses resulting from the disclosure of allegedly false
financial information by Vivendi's former management between 2000
and 2002.
The French media conglomerate said Wednesday that the court
dismissed the entirety of the claims from institutional investors
who were excluded from a U.S. class-action lawsuit.
"These decisions are consistent with those already handed down
in France on this issue and on facts dating back some twenty
years," Vivendi said.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
July 07, 2021 13:21 ET (17:21 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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