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In re VEON Ltd. Securities Litigation
Case Number:
1:15-cv-08672
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
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August 30, 2018
Ex-Veon Execs Slip Investor Suit Over Uzbek Bribes
Former executives at telecommunications firm Veon Ltd. escaped a proposed class action claiming the company defrauded investors by not disclosing that it had paid bribes in Uzbekistan, with a Manhattan federal judge saying Thursday that the suit had several issues.
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February 13, 2018
Veon Execs Want Out Of Stock Fraud Class Action
Four former and current executives at Veon Ltd., a mobile phone company that has admitted to paying bribes to do business in Uzbekistan, have told a New York federal judge that they are not liable for misleading investors and that a proposed class action against them should be dismissed.
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September 19, 2017
Veon Must Face Investor Class Action, With Some Limits
A New York federal judge on Tuesday ruled that European telecommunications company Veon Ltd., which admitted to paying bribes in Uzbekistan, can't escape a proposed class action for failing to disclose its crimes to investors, finding that the suit was "in large part" strong enough to survive dismissal.
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March 22, 2017
VimpelCom Investors Say Foreign Bribery Suit Has Mettle
VimpelCom Ltd. shareholders asked a New York federal judge on Tuesday not to dismiss their securities fraud case, saying their claims that the multinational mobile phone giant hid its multiyear bribery scheme in Uzbekistan to inflate the company stock price pass legal muster.