Sunday, March 7, 2021

FORMER VIVENDI CHIEF CONVICTED

January 21, 2011 by · Leave a Comment 

In a surprise verdict, a French court ruled today (Friday) that former Vivendi CEO Jean-Marie Messier had misappropriated company funds and misrepresented the financial condition of the company when he went on a $77-billion acquisition binge in 2000 that included bringing Universal Pictures and Universal Music under the Vivendi umbrella. The conviction came despite the […]