Jeff Labrecque
January 21, 2011 AT 02:11 PM EST

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.”

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