Legal Opinion
In Re Vivendi Universal, S.A. Securities Litigation
District Court, S.D. New York
Decided April 21, 2009No. 02 Civ. 5571 (RJH)(HBP)PublishedCited by 25 opinions
1Opinion of the Court
REVISED MEMORANDUM OPINION AND ORDER
RICHARD J. HOLWELL, District Judge.
Defendants Vivendi, S.A. (“Vivendi”), Jean-Marie Messier, Guillaume Hannezo, and Universal Studios, Inc. move for summary judgment against all plaintiffs based on a failure to prove loss causation. Loss causation is a necessary element of plaintiffs’ claims under Sections 11 and 12(a)(2) of the Securities Act of 1933, 15 U.S.C. §§ 77k(a), 77l(a)(2) (2006), Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b), 78t(a), and Rule 10b-5 promulgated thereunder, as well as certain plaintiffs’…
2Cases cited25 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Howard Wool v. Tandem Computers Incorporated, Robert C. Marshall, Henry v. Morgan, and James G. TreybigCourt of Appeals for the Ninth Circuit · 1987
- Lentell v. Merrill Lynch & Co.Court of Appeals for the Second Circuit · 2005
20 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- In Re Vivendi Universal, S.A. Securities LitigationDistrict Court, S.D. New York · 2011
- In Re Fuwei Films Securities LitigationDistrict Court, S.D. New York · 2009
- In Re: BP, P.L.C. SecuritiesCourt of Appeals for the Fifth Circuit · 2015
- In Re MBIA, Inc., Securities LitigationDistrict Court, S.D. New York · 2010
- In re Lehman Bros. Securities & Erisa LitigationDistrict Court, S.D. New York · 2015
20 more not listed; retrieve them via the Exa API.