WARNER MUSIC GROUP CEO EDGAR BRONFMAN JR. has been fined $6.7 million by a French court for misleading investors about VIVENDI while he was serving as a top executive there.
THE ASSOCIATED PRESS reports, “The court also convicted former high-flying VIVENDI CEO JEAN-MARIE MESSIER of misusing company funds and handed him a three-year suspended prison sentence. BRONFMAN was convicted of transmitting false or misleading information about VIVENDI. He was given a 15-month suspended sentence as well as the fine.”
via French Court Fines Edgar Bronfman Jr. $6.7 Million; Bronfman Plans Appeal | AllAccess.com.
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Tagged: ASSOCIATED PRESS, Edgar Bronfman Jr, JEAN-MARIE MESSIER, NATIONAL NEWS, VIVENDI
