Expert Event Study ‘Almost Obligatory’ in Securities Fraud Litigation

Business Valuation UpdateVol. 15 No. 6
Legal and Court Case Update
June 2009
4813 Telephone Communications, Except Radiotelephone
517311 Wired Telecommunications Carriers
securities litigation

In re Vivendi Universal, S.A. Securities Litigation
2009 WL 920259 (S.D.N.Y.)
March 31, 2009
US
Federal Court
New York
United States District Court
Blaine Nye (plaintiffs)
Holwell

Summary

Expert regression analysis and event study survives motion for summary judgment on plaintiff’s securities fraud claims, having proved sufficient causal links between defendants’ alleged misrepresentations regarding liquidity crisis and eventual stock declines.

See Also

In re Vivendi Universal, S.A. Securities Litigation

Expert regression analysis and event study survives motion for summary judgment on plaintiff’s securities fraud claims, having proved sufficient causal links between defendants’ alleged misrepresentations re: liquidity crisis and eventual stock declines.