Vivendi SA (VIV.PA) said it agreed to pay $26.4 million to end nearly 15 years of U.S. litigation accusing the French media company of misleading shareholders about its finances in connection with a $46 billion three-way merger. Thursday’s accord resolved claims that Vivendi and officials including former Chief Executive Jean-Marie Messier made false or …
This Is Spinal Tap actors Christopher Guest and Michael McKean and the mockumentary’s director Rob Reiner have joined co-star Harry Shearer’s lawsuit against the film’s rights holder Vivendi. “It’s impossible that Vivendi’s income from music sales and merchandising totaled just $179 over a more than 20-year period,” director says In October, Shearer filed a $125 million lawsuit against Vivendi, …
One day after This Is Spinal Tap star and co-creator Harry Shearer sued Vivendi for accounting misappropriation, fraud and breach of contract over the film and its soundtrack, Spinal Tap actor – director Rob Reiner has thrown his support behind Shearer. In the suit, Shearer alleged that he earned only $81 in merchandising income over a 22-year period and $98 for his contributions to the …