Gutted Shareholder Case Helped Pave the Way for $956 Million Vivendi Verdict

, The Litigation Daily

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Two-and-a-half years ago a jury returned an estimated $9.3 billion verdict for shareholders of Vivendi Universal SA. That verdict was slashed in the wake of the U.S. Supreme Court's ruling in Morrison v. NAB. But it may have made all the difference in a suit accusing Vivendi of misleading Liberty Global Corp during negotiations over a 2001 deal.

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