Shell Subsidiaries Want Oil Price-Rigging Suit Dumped
From an article by Aaron Vehling published 7 April 2015 by LAW360.com
Shell Subsidiaries Want Oil Price-Rigging Suit Dumped
Law360, New York (April 07, 2015, 6:31 PM ET) — Two Royal Dutch Shell PLC affiliates on Tuesday urged a New York federal court to dismiss them from a multidistrict litigation accusing them of manipulating crude oil futures, arguing that the plaintiffs haven’t alleged facts to justify the affiliates being named in the suit.
Shell Trading (US) Co. and Shell International Trading and Shipping Co. Ltd., which replaced Royal Dutch Shell in the suit after the plaintiffs filed their second amended complaint in February, urged the court to dismiss claims accusing them of participating in a…
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