Shell Suit
Plaintiffs Seek To Include Non-US Holders In Shell Suit
LONDON -(Dow Jones)- Lead plaintiffs in a U.S. class action against Royal Dutch Shell PLC (RDSB.LN) filed Wednesday a motion seeking consent for non-U.S. shareholders to join the legal action, one of the lawyer representing them said Friday.
The motion follows a preliminary decision by a New Jersey judge, in August, that permitted a plaintiffs claim to continue on behalf of both U.S. and non-U.S. investors, said John Keefe, Jr., a lawyer with Lynch Keefe Bartels.
Shell had argued shareholders who held stock on non-U.S. stock exchanges should not entitled to be proper class members, he said.
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