Corp-Ethics.com - Report: $1bn Lawsuit

Company	Shell [Company Info]
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Date	Issue	Title
27th Jan 2004	Other Issue	$1bn Lawsuit

Report
Shell could be facing a $1bn damages bill after it admitted overestimating oil reserves, according to a US lawyer. Robert Schulman, who is launching a legal action on behalf of Shell investors, has told the BBC he thinks they have a "very good case". The oil giant admitted earlier this month that it had overstated its proven reserves by 20%.
Other Reports on Shell
Date	Issue	Company	Report
24th Feb 2006	Other Issue	Shell	Shell told to pay Nigeria $1.5bn
14th Sep 2005	Other Issue	Shell	Tribunal upholds Shell criticism
12th Aug 2005	Other Issue	Shell	Venezuela-Shell tax row heats up
14th Jul 2005	Other Issue	Shell	Shell faces Venezuelan tax demand
8th Jan 2005	Questionable Practice	Shell	Shell finance supremo wins $1m pay-off
1st Dec 2004	Questionable Practice	Shell	Nigerian senators threaten Shell
29th Jul 2004	Fraud Investigation	Shell	Shells pays £80m to settle fraud inquiry
25th Jun 2004	Other Issue	Shell	Ex-Shell chief gets £1m pay-off
19th May 2004	Other Issue	Shell	29 Dead in Shell Oil Well fire
23rd Apr 2004	Fraud Investigation	Shell	Shell under investigation by FSA

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