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03/01/2013 01:54:31 PM EST

Vivendi's Fraud-On-The-Market Rebuttal Sinks $3.5M Suit

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Law360: Securities

French mass media conglomerate Vivendi SA shook off a $3.5 million investor suit over alleged misstatements and stock price inflation in an unusual victory that turned on its successful rebuttal of the so-called fraud-on-the-market presumption, a tall order for companies to beat. Read More...