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 Bronfman, Edgar Jr Convicted In France
jofortruth
Posted: Jan 21 2011, 10:55 AM


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QUOTE
A French court has fined Warner Music Group (WMG-N5.700.9820.76%) CEO Edgar Bronfman Jr. €5-million ($6.7-million U.S.) for misleading investors about the Vivendi media conglomerate when he was a top executive there.

A member of the Canadian-based Bronfman family that built and then sold the Seagram liquor empire, he was given a 15-month suspended sentence as well as the fine.



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