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LAWSUITS NEWS & LEGAL INFORMATION

Vivendi Universal

New York, NY: (Feb-27-07) The US Securities and Exchange Commission filed a lawsuit against Vivendi Universal accusing its former Chief Executive Officer and its former Chief Financial Officer of engaging in conduct that violated several securities laws. A settlement reached with Vivendi will see the company pay out $51 million to compensate the customers who bought Vivendi Ordinary Shares, American Depository Receipts, or American Depository Shares during the period from December 1, 2000 through July 2, 2002. [PR NEWS WIRE: VIVENDI SECURITIES]


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Published on Mar-7-07


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