June 25 (Reuters) - tv2u International Ltd TV2.AX :
* GOT NOTICE THAT LEGAL PROCEEDINGS HAVE STARTED REGARDING CO'S RECEIPT OF EUR 3 MILLION FROM JAYPLUS AG
* CLAIM ALLEGES CO GOT FUNDS WITH CONSTRUCTIVE KNOWLEDGE OF ALLEGED MISREPRESENTATIONS
* CLAIMS OF ALLEGED MISREPRESENTATIONS SAID TO HAVE BEEN MADE BY AN INDIVIDUAL AND/OR CANCUN TRADING