Plaintiffs achieve a big win in the first-ever securities class action trial involving U.S. and foreign shareholders who held shares in a foreign company on foreign exchanges. The one bright spot for the defense: The jury found no liability for former Vivendi CEO Jean-Marie Messier or former CFO Guillaume Hannezo.
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Vivendi Shocker in "F-Cubed" Jury Trial; Plaintiffs Team Predicts $9.3 Billion in Damages
January 29, 2010
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