Oil giant to fight multi-million damages claim

Oil giant Royal Dutch Shell vowed today to fight a claim for damages brought by a group of pension funds over its reserves crisis two years ago.

Oil giant to fight multi-million damages claim
Mon, 09 Jan, 2006 - 17:10

Oil giant Royal Dutch Shell vowed today to fight a claim for damages brought by a group of pension funds over its reserves crisis two years ago.

Institutional investors, led by Dutch pension fund ABP, have filed a class action lawsuit in the United States against Shell for several hundred million US dollars.

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