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Kessler Topaz Successfully Settles French Vivendi Case

July 9, 2024

119 institutional investors, accused the French company Vivendi of having disseminated false or misleading information between 2000 and 2002, thereby causing them an important stock market damage.

After 22 years of proceedings against Vivendi before American and French courts, the parties have reached an agreement that will put an end to the proceedings currently pending before the International Chamber of the Paris Court of Appeal.

French law firm Hugo Avocats, assisted jointly by US law firms Kessler Topaz Meltzer & Check, Grant & Eisenhofer and DRRT, represented 87 of these 119 investors, based mainly in the United States, in Germany, in the UK and in Sweden. The firms are delighted to have reached an agreement that puts a definitive end to this stock market case which lasted for more than twenty years.