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Entertainment & Sports

Feb. 2, 2010

Jury Finds Vivendi Liable

A jury in Manhattan federal court Friday found that French conglomerate Vivendi SA, which owns both the world's largest music company and video game publisher, is liable for misrepresenting its share prices between 2000 and 2002 in a class action filed by shareholders.

By Jean-Luc Renault

Daily Journal Staff Writer

A jury in Manhattan federal court Friday found that French conglomerate Vivendi SA, which owns both the world's largest music company and video game publisher, is liable for misrepresenting its share prices between 2000 and 2002 in a class action filed by shareholders.

The nine-person jury found Vivendi to be liable for damages on a per-share basis, meaning that the company co...

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