Hedge funds embroiled in AMF Vivendi probe

The Autorité des Marchés Financiers, France's financials services regulator, has included four hedge funds in its investigation of trading into Vivendi shares shortly before a 2002 convertible bond issue.

The regulator served notices yesterday on the four hedge fund firms - GLG, Ferox, UBS O'Connor and Meditor, The Wall Street Journal reports today.

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