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IN RE VIVENDI UNIVERSAL, S.A. SECURITIES LITIG.

No. 02 Civ. 5571 (RJH)(HBP).

634 F.Supp.2d 352 (2009)

In Re VIVENDI UNIVERSAL, S.A. SECURITIES LITIGATION. This Document Relates To: All Actions.

United States District Court, S.D. New York.

April 21, 2009.

Attorney(s) appearing for the Case

Paul C. Saunders, Cravath, Swaine & Moore LLP, New York, NY, for Vivendi Universal, S.A. Securities Litigation.

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...

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