ShellNews.net: US Class Action Suit Against Shell CEO Jeroen van der Veer Alleging Securities Fraud Given Consent to Proceed
Thursday 11 August 2005
A securities fraud case against the world’s third-largest oil company, Royal Dutch/Shell Group, and named Defendants including Shell Chief Executive Officer Jeroen van der Veer, has been given permission to proceed by U.S. District Chief Judge John Bissell. The 152 page Court Order was issued on 9th August 2005. It is accessible via the link below.
The Lead Plaintiff in the case is the Pennsylvania State Employees Retirement System and the Pennsylvania Public School Employees Retirement System.