In the News
Dutch Appeals Court Orders Royal Dutch Shell to Begin Paying $381 Million Settlement to Pan-European/Global Investor Group
May 29, 2009 - Binding declaration covers largest securities fraud settlement on record in Europe – Shell to pay foundation representing 150+ institutional investors in nineteen countries stemming from company’s prior misstatements of proven oil & gas reserves; US law firm Grant & Eisenhofer represents international investor group... [Full Text]
Grant & Eisenhofer Represents Investors in $450 Mil. European Settlement
Delaware Law Weekly - April 25, 2007 - Though it was an all-European matter, the unique $450 million settlement reached last week between Royal Dutch Shell plc and about 50 of its European investors has a local connection... [Full Text]
Dutch Settlement Exports U.S.-Style Litigation
ABA Journal eReport - April 12, 2007 - $350 million pact provides a new approach to securities fraud claims for non-U.S. investors... [Full Text]
Shell Settles Oil Reserve Claims
BBC News- April 11, 2007 - Royal Dutch Shell is to pay $352.6m (£178.3m) to settle investors' claims related to its 2004 reserve crisis... [Full Text]
***Royal Dutch Shell to Pay $350M
CFO.com - April 11, 2007 - In 2004, Royal Dutch Shell admitted that it had overstated its oil reserves by about 20 percent, or the equivalent of 3.9 billion barrels...
Shell Settles Reserves Lawsuit for $353M
The Independent - April 12, 2007 - Shell is to pay European investors $353m (£177m) in compensation over the reserves overbooking scandal that hit the oil giant in 2004...
First-Ever "Pan-European" Securities Class Settlement Reached in Shell Case
Best in Class - April 11, 2007 - A ground-breaking settlement that is said to be the first-ever pan-European class settlement of securities fraud claims has been reportedly reached to resolve claims against Royal Dutch Shell...
Royal Dutch Shell Payout on Claims
The Newcastle Chronicle & Journal Limited - April 12, 2007 - Royal Dutch Shell is to pay US$352.6m (£178.3m) to settle investors' claims related to its 2004 reserve crisis...
Shell Offers $352.6 Million Settlement to Non-U.S. Investors Over Oil Reserves Scandal
Globeandmail.com - April 11, 2007 - Royal Dutch Shell PLC said Wednesday it has offered to settle damage claims stemming from the company's 2004 oil reserves scandal...
Shell to Pay £180M to Settle Reserves Scandal
Times Online - April 11, 2007 - Shell shareholders in Britain and on the Continent are to benefit in Europe's largest class-action settlement ...
BusinessWeek.com - April 11, 2007 - Royal Dutch Shell PLC said Wednesday it has offered to settle damage claims stemming from the company's 2004 oil reserves scandal...
Shell Agrees to European Settlement to Reserve Claims
Bloomberg News - April 11, 2007 - Royal Dutch Shell Plc, Europe's largest oil company, agreed to pay $353 million as a final settlement to European and other non-U.S. investor claims related to its 2004 restatement of oil and gas reserves...
Shell Pays Over 353 million USD to Settle Reserves Claims in Europe
Forbes.com - April 11, 2007 - Royal Dutch Shell PLC is paying more than 353 mln usd to settle the claims by European investors relating to its oil reserves overbooking three years ago...
Shell Settles First Pan-European Securities Fraud Case
The Lawyer.com - April 11, 2007 - US law firm Grant & Eisenhofer (G&E) scored an advisory role on the first-ever pan-European class settlement of securities fraud claims...
Legalweek.com - April 11, 2007 - A groundbreaking European class action against Royal Dutch Shell has resulted in a $450m (£229m) settlement...
Shell Investors Win $450M Payout Over Reserves
LNG Journal - April 11, 2007 - In the first-ever European class settlement of securities fraud claims, a group of more than four dozen European institutional investors has agreed to resolve all claims against Royal Dutch...