Vivendi hails US court ruling on shareholder claims

Court Alerts

Vivendi on Friday hailed a U.S. Supreme Court ruling limiting foreign shareholders' rights to seek compensation in the United States.

Vivendi is trying to exclude French shareholders from a U.S.-based class action lawsuit on whether it misled investors about its financial health.

The entertainment-to-telecoms group said it was very satisfied with a U.S. ruling on Thursday, which dismissed a suit against National Australia Bank Ltd (NAB.AX) by foreign investors seeking damages in a New York court.

The Supreme Court ruled foreign investors who bought shares of National Australia Bank on an overseas stock exchange cannot sue in a New York court over large writedowns tied to the bank's onetime U.S. mortgage unit.

The justices upheld a ruling by a U.S. appeals court that dismissed the lawsuit on the grounds that American courts did not have jurisdiction.

Related listings

  • Kan. doc to appeal conviction in painkiller case

    Kan. doc to appeal conviction in painkiller case

    Court Alerts 06/25/2010

    Defense attorneys plan to seek the release of a Kansas doctor and his wife while they appeal their convictions on charges they conspired to profit from illegally prescribing painkillers to patients who later died.Jurors found Dr. Stephen Schneider an...

  • Ga. death row inmate in rare innocence hearing

    Ga. death row inmate in rare innocence hearing

    Court Alerts 06/24/2010

    A federal judge heard new testimony Wednesday in the case of a Georgia death row inmate given a rare chance by the U.S. Supreme Court to prove his innocence nearly 20 years after a jury convicted him of killing a police officer.Attorneys for Troy Ant...

  • Supreme Court lifts ban on biotech alfalfa

    Supreme Court lifts ban on biotech alfalfa

    Court Alerts 06/21/2010

    The Supreme Court lifted Monday a four-year ban on the sale in the United States of genetically modified alfalfa, which farmers fear contaminates others crops.A district court judge in California in May 2007 blocked the US biotech giant Monsanto from...

Victorville CA DUI defense Attorneys

The outcome of a DUI defense will have a long-term effect on anyone’s life, making the decision to receive legal representation an easy one. The fact is, most people accused of a DUI are first offenders with no criminal background. Whether this is your first run in with the law or you have had previous convictions, you are in need of a DUI defense attorney.

The charges you are facing for a DUI range from fines, a 12-month suspension on your license and worst-case scenario, prison time. Your attorney will be able to analyze your situation to decide the best way to go about your case.

Our attorneys know the tricky ways to challenge all of the DUI tests and know how to claim improper collection of evidence. We will be able to negotiate on your behalf and free you from charges and help you keep your drivers license. The DUI process can last up to several months, we can make this process easier on you. .

Business News

St Peters, MO Professional License Attorney Attorney John Lynch has been the go-to choice for many professionals facing administrative sanction. >> read