Ruling Lets French Investors Stay In Vivendi Class

Law360, New York (April 28, 2010, 1:19 PM EDT) -- An appeals court in France on Wednesday ruled that French investors can remain part of a class action against Vivendi SA that is currently on appeal in the United States.

Because the case has not yet reached its conclusion, the Paris Court of Appeal rejected Vivendi's argument that French law prohibited investors from that country from participating in a U.S. class action, the company said in a statement.

“Vivendi regrets that the Court of Appeal has decided not to make a ruling at this stage on...
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