Veolia Environnement has become aware that a purported class action complaint has been filed against the Company and certain of its current and former officers, in the United States District Court for the Southern District of New York.
The complaint alleges that certain financial communications of the Company between 2007 and 2011 were misleading, purportedly resulting in violations of Section 10(b) of the US Securities Exchange Act of 1934 and other federal securities laws.
The complaint has not been served on the Company. However, Veolia considers that any allegation that its financial communications may have been misleading is without merit, and the Company intends to seek the dismissal of the complaint.
Veolia provides the know-how and the technological expertise to industries and communities to manage resources.
Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is the worldwide reference in environmental solutions. With more than 315,000 employees the company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in four complementary segments: water management, waste management, energy management and passenger transportation. Veolia Environnement recorded revenue of €34.8 billion in 2010.
Marie-Claire Camus
+33 (0)1 71 75 06 08
marie-claire.camus@veolia.com
Sandrine Guendoul
+ 33 (0)1 71 72 12 52
sandrine.guendoul@veolia.com