Friday, January 21, 2011
Both Edgar Bronfman, Jr., chairman and CEO of Warner Music Group, and Jean-Marie Messier, formerly head of Vivendi, were convicted on various charges related to their activities at Vivendi during the late 1990s and early 2000s by a French court. Mr. Bronfman, who was at one time executive vice president of Vivendi Universal, received a fine and a suspended sentence for "conveying false or misleading information" about the company. Mr. Messier was convicted for misusing company funds. He also received a suspended sentence. The prosecutor in the case had not pursuing the case against Mr. Bronfman and Mr. Messier because of a lack of evidence. lMore here from the Associated Press and here from the Guardian.