Daily Archives: August 13, 2015, 12:16 pm

Vivendi squelches big investor’s $57 million claim in class action — On the Case

The French media company Vivendi proved Tuesday that it is possible to rebut the infamous presumption in securities class actions that investors relied on market-distorting corporate misrepresentations. U.S. District Judge Shira Scheindlin of Manhattan granted Vivendi’s motion for summary judgment against claims by the institutional investor Southeastern Asset Management, or SAM, concluding that the evidence – including a five-hour deposition…

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UK regulators likely to scrutinise data security after alleged US insider trading hacking, says expert — Out-Law

UK regulators are likely to take a closer interest in the data security measures businesses have in place after alleged insider trading on the basis of hacked sensitive commercial information was uncovered in the US, an expert has said. via UK regulators likely to scrutinise data security after alleged US insider trading hacking, says expert — Out-Law

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