You will be redirected back to your article in seconds

Magistrates quiz Messier

Former Vivendi boss investigated

PARIS — Vivendi Universal’s former chairman Jean-Marie Messier was questioned for four hours in Paris on Wednesday by two French High Court investigating magistrates in connection with a long-running criminal investigation into his tumultuous two-year stewardship of the company, which is now known as Vivendi.

Messier has formally been under judicial scrutiny since June 2004 as part of a wide-ranging probe into manipulation of Vivendi Universal’s stock price, providing false information to French authorities, and misuse of corporation funds for personal gain.

Sources close to the inquiry have stated that another hearing is due in the near future.

The ex-chairman’s persistent legal woes come in a bad week for Vivendi. A Morgan Stanley analyst changed his recommendation from “buy” to “sell,” calling Vivendi’s growth projections for Canal Plus and its games division by 2011 “unrealistic” and expressing surprise at how bullish market expectations were regarding the corporation’s longer-term prospects.

More Biz

  • Analysis: Sky Win Boosts Comcast as

    Analysis: Sky Win Boosts Comcast as Global Streaming Wars Heat Up

    PARIS — Vivendi Universal’s former chairman Jean-Marie Messier was questioned for four hours in Paris on Wednesday by two French High Court investigating magistrates in connection with a long-running criminal investigation into his tumultuous two-year stewardship of the company, which is now known as Vivendi. Messier has formally been under judicial scrutiny since June 2004 […]

  • Chrissy Teigen Target collection shop online

    Chrissy Teigen's New Target Collaboration to Launch in Late September

    PARIS — Vivendi Universal’s former chairman Jean-Marie Messier was questioned for four hours in Paris on Wednesday by two French High Court investigating magistrates in connection with a long-running criminal investigation into his tumultuous two-year stewardship of the company, which is now known as Vivendi. Messier has formally been under judicial scrutiny since June 2004 […]

  • Dana Spector Joins CAA

    Dana Spector Joins CAA

    PARIS — Vivendi Universal’s former chairman Jean-Marie Messier was questioned for four hours in Paris on Wednesday by two French High Court investigating magistrates in connection with a long-running criminal investigation into his tumultuous two-year stewardship of the company, which is now known as Vivendi. Messier has formally been under judicial scrutiny since June 2004 […]

  • Prince Album

    Prince’s Longtime Pianist and Archivist Talk ‘Piano & a Microphone 1983’ and the ‘Vault’

    PARIS — Vivendi Universal’s former chairman Jean-Marie Messier was questioned for four hours in Paris on Wednesday by two French High Court investigating magistrates in connection with a long-running criminal investigation into his tumultuous two-year stewardship of the company, which is now known as Vivendi. Messier has formally been under judicial scrutiny since June 2004 […]

  • ALLENTOWN, PA - SEPTEMBER 08: Elton

    Elton John and Universal Music Announce New Multi-Level Agreement

    PARIS — Vivendi Universal’s former chairman Jean-Marie Messier was questioned for four hours in Paris on Wednesday by two French High Court investigating magistrates in connection with a long-running criminal investigation into his tumultuous two-year stewardship of the company, which is now known as Vivendi. Messier has formally been under judicial scrutiny since June 2004 […]

  • Sarah Jessica Parker Gap

    Sarah Jessica Parker Unveils Second Collaboration With Gap

    PARIS — Vivendi Universal’s former chairman Jean-Marie Messier was questioned for four hours in Paris on Wednesday by two French High Court investigating magistrates in connection with a long-running criminal investigation into his tumultuous two-year stewardship of the company, which is now known as Vivendi. Messier has formally been under judicial scrutiny since June 2004 […]

  • Katie Vinten

    Katie Vinten Strikes New Deal With Warner Music, Including Label With Justin Tranter (EXCLUSIVE)

    PARIS — Vivendi Universal’s former chairman Jean-Marie Messier was questioned for four hours in Paris on Wednesday by two French High Court investigating magistrates in connection with a long-running criminal investigation into his tumultuous two-year stewardship of the company, which is now known as Vivendi. Messier has formally been under judicial scrutiny since June 2004 […]

More From Our Brands

Access exclusive content