Insight
Agreement Between 119 Institutional Investors and the Company Vivendi SE
Insight
Agreement Between 119 Institutional Investors and the Company Vivendi SE
June 28, 2024
119 institutional investors, among which Union Asset Management Holding, 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.
Winston & Strawn is delighted to have assisted Union Asset Management Holding, holding company of the German group UNION INVESTMENT, in this case.