Judge Won't Force Vivendi To Withdraw Paris Suit

Law360, New York (November 20, 2009, 3:43 PM EST) -- The federal judge overseeing a securities class action against Vivendi SA has rejected the plaintiffs’ bid to force the French entertainment giant to withdraw a suit it filed in Paris seeking to bar two class representatives from participating in the U.S. case, instead taking steps to obviate any need for the courts to infringe on each other’s jurisdictions.

Judge Richard J. Holwell of the U.S. District Court for the Southern District of New York issued a memorandum opinion and order Thursday denying the plaintiffs’ Oct. 13...
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