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

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

605 F.Supp.2d 586 (2009)

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

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

March 31, 2009.

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. &...

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