Nigeria to Continue $3.5 Billion Civil Claim Against Shell and Eni July 20, 2022 By William Clowes and Alberto Brambilla Nigeria will continue its $3.5 billion civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings...
Nigeria Accuses JPMorgan of Ignoring Red Flags for Fraud, Seeks Damages of $1.7B February 24, 2022 By Jonathan Browning Nigeria alleged JPMorgan Chase & Co. ignored “overwhelming” evidence of fraud and stark warnings from its own compliance staff as...
Nigerian Oil Producer Sues Shell for More Than $2B Over Ownership of Wells October 7, 2021 By William Clowes A Nigerian oil producer sued Royal Dutch Shell Plc for more than $2 billion over the ownership of oil wells,...
New Securities Class Actions Including M&As Down But SPAC-Related Suits Up August 2, 2021 Plaintiffs filed 112 new securities class action lawsuits in federal and state courts in the first half of 2021, down...
Shareholders Sue in 94% of M&As; 75% Settle Before Closing: Cornerstone Research March 18, 2014 Shareholders challenged more than 94 percent of U.S. merger and acquisition (M&A) deals valued over $100 million in 2013, according...