NEWS ON CURRENT LITIGATION INVOLVING THE ROYAL DUTCH SHELL GROUP
1. SHELL COMPANIES BEING SUED BY HUNDREDS OF FORMER SHELL EMPLOYEES WHO CLAIM THAT SHELL UNLAWFULLY DEDUCTED MONEY FROM RETIREMENT FUNDS:
ShellNews.net: A FOCUS ON SHELL’S UNETHICAL & RUTHLESS TREATMENT OF ITS MALAYSIAN EMPLOYEES: Saturday 16 July 2005: Read the article
2. THE ROYAL DUTCH/SHELL HIGH COURT ACTION AGAINST FORMER SHELL GEOLOGIST/INSIDER/ AND INTERNATIONALLY KNOWN HUMANITARIAN, DR JOHN HUONG, CONCERNING INFORMATION POSTED ON THIS WEBSITE
Click here to read the latest news on 8 Royal Dutch Shell Companies suing Dr Huong (as of June 2005)
THE BORNEO POST: Former employee suing Shell: "Dr John Huong, an ex-Shell employee, is suing Shell in the Industrial Court here, alleging that he had been unfairly dismissed by the company." Posted 22 June 2005: Read the article
The Borneo Post: Shell vs Dr John Huong trial adjourned to Nov 15: "Dr Huong, an ex-Shell employee, is suing the company, alleging that he was unfairly dismissed.": "Huong, a geologist by qualification, had worked with Shell for almost 30 years before his dismissal on March 28, 2003." Posted 23 June 2005: Read the article
3. US CLASS ACTION LAWSUIT AGAINST ROYAL DUTCH PETROLEUM AND SHELL TRANSPORT, P.L.C., ("SHELL") IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK, RELATING TO SHELL’S OIL OPERATIONS IN OGONILAND, AN AREA LOCATED IN THE NIGER RIVER DELTA AREA OF NIGERIA.
Click here to access details of the litigation and related news articles
4. MULTI-BILLION DOLLAR US CLASS ACTION LAW SUIT AGAINST ROYAL DUTCH/SHELL RELATING TO THE OIL & GAS RESERVES SCANDAL
email from Steven J Peitler: 14 Sept 2004
THE NEWARK STAR-LEDGER: Hearing in Newark could determine fate of Shell lawsuit: “…securities fraud case against the world's third-largest oil company. The hearing before U.S. District Chief Judge John Bissell gets to the heart of the case against Royal Dutch/Shell Group.”: “It isn't clear how many people were affected by the alleged fraud. But the case is regarded as one of the most significant securities fraud actions because of the size of the company and the length of the class period, which is roughly five years. It is being closely watched by regulators and lawyers around the world.”: "There was activity in the United States to perpetuate... fraud," said Stanley Bernstein, the lead attorney.”: “Attorney Norton was co-lead counsel in a separate case before Bissell concerning the oil company. That case, brought by pension holders, settled earlier this week. Shell agreed to pay $90 million -- about 80 percent of the claimed losses -- to the pension plan so it can be distributed to members.”: Posted Sunday 24 July 2005: Read the article
ShellNews.net: Newark Star-Ledger report on the multi-billion dollar US Class Action reserves scandal lawsuit against Royal Dutch/Shell and named former and current directors, including Royal Dutch Shell CEO Jeroen van der Veer and Shell E & P Executive Director, Malcolm Brinded: 1.40am: Sunday 24 July 2005: Read the article
ShellNews.net: Breaking News: Multi-billion dollar US Class Action Lawsuit Against Shell Given Consent to proceed by U.S. District Chief Judge John Bissell: Read the 152 page Order Here: 21.00pm Wednesday 10 August 2005: Read the article
ShellNews.net: US Class Action Suit Against Shell CEO Jeroen van der Veer Alleging Securities Fraud Given Consent to Proceed: 08.00am Thursday 11 August 2005: Read the article
Related reports/statements by Davis Polk & Wardwell, the US Securities & Exchange Commission and the UK Financial Services Authority, plus an unofficial transcript of a BBC TV programme about the scandal: -
Acrobat Reader is needed to access the SEC & FSA files below. Please be patient when downloading as the files contain multiple pages. (To download a FREE Acrobat Reader click on the adobe link): http://www.adobe.com/products/acrobat/readstep2.html)
REPORT OF DAVIS POLK & WARDWELL TO THE SHELL GROUP - AUDIT COMMITTEE EXECUTIVE SUMMARY
CLICK ON LINK BELOW TO READ SECURITIES & EXCHANGE COMMISSION REPORT ON SHELL RESERVES SCANDAL: http://www.sec.gov/litigation/admin/34-50233.pdf
CLICK ON THIS LINK TO READ FINANCIAL SERVICES AUTHORITY REPORT ON SHELL RESERVES SCANDAL: http://www.fsa.gov.uk/pubs/final/shell_24aug04.pdf
Click here for UNOFFICIAL TRANSCRIPT BBC2 TV “THE MONEY PROGRAMME”, BROADCAST 15 JULY 2004, 9.50pm
Click here to access BBC TV "BBC Breakfast with Frost" Transcript: Oil on troubled waters: On Sunday, 14 November, 2004, Sir David interviewed Chief Executive of Shell, Jeroen Van Der Veer.: “By developing new sources of oil in Russia and even Iraq, Shell hopes to shake off the bad press it received earlier this year when it emerged that it exaggerated, hugely exaggerated, the extent of its oil reserves by 20%.”: “First of all the big scandal as it were, earlier this year, which led to your having to take over the reins as it were. There are still three possible actions against Shell being considered, aren't there? (ShellNews.net) Sun 14 Nov 04
For Shell2004.com commentary about the reserves scandal and related litigation click here
5. For ShellNews.net commentary/updates about other litigation against Shell: Click here
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