Vivendi: End of a Litigation Related to Financial Communications Dating Back to the Early 2000s
VIVENDI SE UNSP/ADR (VIVHY)
NASDAQ:AMEX Investor Relations:
vivendi.com/en/investment-analysts
Company Research
Source: Business Wire
PARIS--(BUSINESS WIRE)--Regulatory News:Vivendi (Paris:VIV) today announced the conclusion of a settlement agreement with all the institutional investors who, after having their claims dismissed by the Paris Commercial Court on July 7, 2021, continued to seek damages before the Paris Court of Appeal for losses supposedly incurred as a result of allegedly inaccurate financial communications published by the former Vivendi management between 2000 and 2002.This agreement, with no admission of fault or liability whatsoever, allows Vivendi to eliminate a litigation risk and puts an end to a dispute initiated in 2011 concerning events that occurred more than twenty years ago.About VivendiSince 2014, Vivendi has been building a world-class content, media and communications group. Canal+ Group is a major player in the creation and distribution of cinema and audiovisual content on all continents. With Lagardère, Vivendi is the world’s third-largest book publisher for the general public and
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