JURIST Legal News & Research (USA): Shell to appeal judicial continuance of class action law suit
Posted Wednesday 17 August 2005
Bernard Hibbitts, Publisher & Editor-in-Chief
Shell to appeal judicial continuance of class action law suit
Elana Kornblit at 8:47 PM ET
Royal Dutch/Shell Group [corporate website] said Tuesday that it will appeal a decision which allows a class action lawsuit for stock fraud to continue against the company. A federal judge ruled Tuesday that the suit, questioning whether Shell’s statements on its reserves [JURIST report] purposely misrepresented important facts, adequately showed reason for further investigation into the shareholder plaintiffs’ allegations. The US Department of Justice [official website] has also launched a criminal investigation, according to the US District Judge John W. Bissell’s Tuesday opinion. This differs from the department’s June 29 statement that the criminal investigation was officially ended [JURIST report]. AP has more.
*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, the Independent Shell Archive, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All conjured up by internet wizz, Nick Gill.
