Universal Music Group, owned by Vivendi. Photo: NYCStock/Shutterstock.com Vivendi's International Shareholders to Get Their Day in Court
A Paris court on Tuesday will hear the first of two collective suits claiming Vivendi defrauded shareholders with false financial information in the early 2000s.
March 08, 2021 at 12:29 PM
4 minute read
Vivendi shareholders outside the United States will get their day in court Tuesday, the opening move in a highly unusual collective action that could eventually see the awarding of more than €2 billion in damages for fraud.
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