Royal Dutch Shell and KPMG to defend their case

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GLOBAL: The 187bn Stichting Pensioenfonds ABP (ABP) action against has been met with defiance from two of the three key defendants Shell and KPMG who claimed they will strongly defend their cases.

The response comes after ABP yesterday announced it had initiated its own suit against Royal Dutch/Shell for damages in relation to the “mis-estimation of its oil reserves”. The funds have clai...

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