Judge Narrows Vivendi's Shareholder Lawsuit Exposure

7:00 AM PST 2/23/2011 by Georg Szalai

The decision eliminates more than 80 percent of the potential damages that could have been awarded against the media and telecom company.

NEW YORK - Vivendi said Wednesday that it won a court victory as a U.S. judge narrowed its potential financial exposure in an investor lawsuit.