According to Goal, almost $12bn in settlements, to which shareholders were entitled, was not reclaimed through class actions from 2000 to 2007. The list includes settlements against Enron, Worldcom, Parmalat and Royal Dutch Shell.
Posts Tagged ‘Class Action’
Asians fail to join class action claims
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Class action giant Melvyn Weiss to serve 30 months
In August 2005 Schulman, Bershad and his partners on the East Coast firm now known as Milberg secured a $90 million settlement for investors in Shell. They had sued the company and its directors, including former chairman Sir Philip Watts, over the oil reserves scandal.
Shell defendant in $423 million settlement of water contamination class-action
The defendants in the case -- representing about 70 percent of the country's oil refiners -- agreed to make a cash payment of $423 million to water providers in a total of 17 states nationwide. Settling defendants in the case include BP Amoco, Atlantic Richfield, Chevron, Conoco Phillips, Shell, Marathon, Valero, CITGO, Sunoco, Hess, Flint Hills, El Paso Corp., Merchant Energy and Tesoro.
Shell defendant in Apartheid lawsuit: accused of aiding and abetting in the commission of a crime against humanity
Among the companies that face litigation are IBM, BP, Credit Suisse, Daimler, Deutsche Bank, Exxonmobil , Ford Motor, General Motors and Shell. Lawyers in South Africa said yesterday that the decision to extend the Alien Tort Claims Act to include corporations accused of aiding and abetting in the commission of a crime against humanity was a major triumph.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
