French court fines Warner Music CEO $6.7 million

Warner Music Group chairman and CEO Edgar Bronfman Jr. was fined approximately $6.7 million on Friday by a French court who found him guilty of misleading Vivendi investors when he worked there between 2000-2002, according to the Associated Press. The court’s verdict also included a 15-month suspended sentence for “conveying false and misleading information” and “manipulating stock prices.”