NEW YORK - A defendant in a securities class action lawsuit has rebutted the fraud-on-the-market presumption of reliance, a federal judge in New York ruled Feb. 28 in dismissing the lawsuit (GAMCO Investors Inc. v. Vivendi, S.A., No. 03-5911; GAMCO Global Series Funds Inc., et al. v. Vivendi, S.A., No. 09-7962, S.D. N.Y.; 2013 U.S. Dist. LEXIS 28506)....(read more)![]()
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