Amsterdam court to rule if Shell reserves fraud $353 million settlement is binding
May 28th, 2009
by John Donovan.
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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Posted in: Bloomberg, Royal Dutch Shell Plc, Shell.
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