New York, NY – March 03, 2011 – The Wall Street Journal issued the following statement regarding a French court ruling against Alstom SA in a libel action against a Journal reporter and Alstom's subsequent statement on the matter:
On Tuesday a French court threw out a libel claim against a Wall Street Journal reporter. Contrary to Alstom's recent statement, the court's decision vindicated the Journal and its reporter, David Crawford. The court noted that Mr. Crawford is an experienced and distinguished reporter who conducted a thorough and "serious investigation" about a matter of significant interest. We are very pleased that the court dismissed Alstom's claim and that the company has wisely decided not to pursue an appeal.
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Vice President, Corporate Affairs