Shell investors win $450M payout over reserves

Wednesday, 11 April 2007

In the first-ever European class settlement of securities fraud claims, a group of more than four dozen European institutional investors has agreed to resolve all claims against Royal Dutch Shell, the leading LNG company, for an agreed settlement of about $450 million over Shell’s allegedly improper reporting of its proven oil and gas reserves.


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Last modified on Wednesday, 11 April 2007 12:27
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