Nigeria will continue its $3.5 billion civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings against the companies, a lawyer representing Africa’s largest crude producer said. The West African country, which joined the case as …
Nigeria alleged JPMorgan Chase & Co. ignored “overwhelming” evidence of fraud and stark warnings from its own compliance staff as it kicked off a London trial over transfers to a former oil minister accused of corruption. JPMorgan acted negligently in …
A Nigerian oil producer sued Royal Dutch Shell Plc for more than $2 billion over the ownership of oil wells, intensifying a dispute around an asset sale completed six years ago. Aiteo Eastern E&P Co. Ltd. claims that Shell falsely …
Plaintiffs filed 112 new securities class action lawsuits in federal and state courts in the first half of 2021, down 25% from the second half of 2020. This was the lowest number of filings since the first half of 2015, …
Shareholders challenged more than 94 percent of U.S. merger and acquisition (M&A) deals valued over $100 million in 2013, according to a new M&A report by Cornerstone Research. Deals worth $100 million or more attracted an average of five lawsuits, …
