Rainforest Case by Amazon Defense Coalition
Posted : Thu, 03 Apr 2008 18:09:26 GMT
Author : Amazon Defense Coalition
Category : Press Release
CEO O’Reilly Violates SEC Regulations and Corporate Governance Duties By Hiding Liability, Lawyers Say
QUITO, Ecuador, April 3, 2008 /PRNewswire/ — Chevron Corp.’s management is lying to shareholders about the finding by a court expert that it faces up to $16 billion in liability for a major human rights catastrophe in the Amazon rainforest by dumping billions of gallons of toxic waste, said representatives of the Amazon Defense Coalition, a group representing 80 communities and five indigenous groups in the class-action lawsuit.