Legal Opinion
In re Vivendi Universal, S.A. Securities Litigation
District Court, S.D. New York
Decided August 11, 2015No. 02-cv-5571 (SAS)PublishedCited by 4 opinions
1Opinion of the Court
OPINION AND ORDER
SHIRA A. SCHEINDLIN, District Judge:
I. INTRODUCTION1
The only core disputes remaining in this thirteen-year old class action securities fraud lawsuit (the “Class Action”)— decided in class plaintiffs’ favor at trial— address whether certain, sophisticated members of the class actually relied on defendant Vivendi Universal, S.A.’s (“Vi-vendi”) misstatements in trading its stock.2 Class plaintiffs have moved for summary judgment on behalf of one such group of class members — Southeastern Asset Management (“SAM”) and its clients and advisees — asking the Court to accept their…
2Cases cited27 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Amgen Inc. v. Connecticut Retirement Plans and Trust FundsSupreme Court of the United States · 2013
- Brown v. Eli Lilly and Co.Court of Appeals for the Second Circuit · 2011
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3Cited by4 opinions
- Howard v. Liquidity Services, Inc.District Court, District of Columbia · 2017
- Willis v. Big Lots, Inc.District Court, S.D. Ohio · 2017
- IN RE EQT CORPORATION SECURITIES LITIGATIONDistrict Court, W.D. Pennsylvania · 2022
- Villella v. Chemical & Mining Co. of Chile Inc.District Court, S.D. New York · 2019