Home / Royal Mail / Dutch Court Approves Landmark Royal Dutch Shell Shareholder ‘Class Action’ (Law.com)

Dutch Court Approves Landmark Royal Dutch Shell Shareholder ‘Class Action’ (Law.com)

Europe may not have a class action mechanism, but a securities fraud settlement approved Friday by a Dutch court comes pretty darn close. The Amsterdam Court of Appeals issued a binding declaration ordering Royal Dutch Shell to begin payment of $381 million to a foundation representing a group of more than 150 institutional investors from 17 European countries, plus Canada and Australia. The …

More: continued here

About admin

Check Also

Royal family walks to traditional church service on King’s Sandringham Estate

Led by the King and Queen they walked the short distance from Sandringham House to …

Leave a Reply

Your email address will not be published. Required fields are marked *