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Amsterdam court to rule if Shell reserves fraud $353 million settlement is binding

Bloomberg.com

By Nadja Brandt

Royal Dutch Shell Plc (RDSA NA): An Amsterdam court is scheduled to rule whether a $353 million settlement with shareholders outside the U.S. following a restatement of proven oil and gas reserve estimates in January 2004 is binding. Shell was unchanged at 18.76 euros in Amsterdam.

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