We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Veon Execs Want Out Of Stock Fraud Class Action

Law360 (February 13, 2018, 9:57 PM EST) -- Four former and current executives at Veon Ltd., a mobile phone company that has admitted to paying bribes to do business in Uzbekistan, have told a New York federal judge that they are not liable for misleading investors and that a proposed class action against them should be dismissed.

CEO Jean-Yves Charlier, his predecessors Jo Lunder and Alexander Izosimov and former chief financial officer Andrew Davies said in briefs filed Friday that the court lacks the power to hear the case against them because they live...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.