Shareholder withdraws complaint against Dexia

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PARIS | Thu Oct 29, 2009 3:27pm EDT

PARIS Oct 29 (Reuters) - A shareholder has withdrawn a complaint of misleading financial information against Belgian-French financial group Dexia (DEXI.BR), the company said in a statement on Thursday.

Robert Casanovas, an economics professor from Perpignan in southern France, and his wife Marie Christine Guil filed complaints in March with Paris prosecutors after a slide in Dexia shares from some 15 euros in March last year to little more than a euro. [ID:nLN19854]

Dexia said in a statement that the couple, who did not attend Thursday's hearing, withdrew their action against the company.

The withdrawal occurred after the Paris public prosecutor declared their complaint unfounded, and investigators had found that financial communication from the group for the period concerned had been "accurate, precise and honest," Dexia added. (Reporting by Matthieu Protard; Writing by Helen Massy-Beresford, editing by Gerald E. McCormick)

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