'Strange' Jury Verdict Raises Questions In Vivendi ADR Suit

Law360, New York (September 11, 2012, 11:13 PM EDT) -- A New York federal judge on Tuesday raised concerns over damage claims from a "strange" jury verdict sheet in a stock inflation class action against Vivendi Universal SA, saying the shares at issue, created during a three-way corporate merger, did not exist during part of the class period.

At a status conference Tuesday, U.S. District Judge Shira Scheindlin said that the class period for shareholders who held inflated American depositary receipts for Vivendi Universal lists five weeks in which the receipts did not exist. This raises...
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Case Information

Case Title

In re Vivendi Universal, S.A. Securities Litigation

Case Number



New York Southern

Nature of Suit



Paul A. Engelmayer

Date Filed

July 18, 2002

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