Shell settles with SEC for $120 mln
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DALLAS (CBS.MW) -- Royal Dutch/Shell Group will pay a $120 million penalty to settle a Securities and Exchange Commission investigation of its overstatement of nearly 4.5 billion barrels of proven reserves, the federal agency said Tuesday.
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Neither admits, nor denies, wrongdoing IBM has agreed to pay $7m to settle a Securities and Exchange Commision investigation into financial statements from Dollar General in 2000. The money will go into a Dollar General general shareholder fund.â¦
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Description: Royal Dutch/Shell agrees to pay more than $150 million to settle fraud charges in the United States and Britain. The company was accused of overstating its proven oil and gas reserves by more than 20 percent.
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ST. LOUIS Brokerage firm Edward Jones agrees to a 75 (m) million dollar settlement with the federal government. The deal announced today by the US Attorney&#39;s office in St.
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OIL group Shell has pledged to invest $45bn (Â£25bn) and make major disposals in a shake-up of the business, following its reserves crisis earlier this year.
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HARTFORD, Conn. -- An investment firm that was found in breach of contract in a lawsuit involving the state&#39;s pension fund has settled for $15 million, the two sides announced Monday.
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ANCHORAGE (Bloomberg News) â Royal Dutch Shell, the oil company, offered to pay $2.1 billion in an oil and natural gas lease sale, becoming the biggest bidder for the rights in the Chukchi Sea off the coast of Alaska.
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Ernst &amp; Young LLP (ERNY.UL: Quote, Profile, Research) , one of the four largest US accounting firms, agreed Friday to pay a total of $125 million to settle US claims arising
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Veritas, now owned by Symantec, will pay $30 million to the SEC to settle accounting charges.
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The Financial Services Authority has hit oil giant Royal Dutch/Shell Group with a 17 million pound fine over its misstatement of its proven reserves.
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Royal Dutch/Shell will invest $15 billion (8 billion pounds) a year in 2004/06 to boost reserves and production, as it tries to draw a line under a reserves scandal that rocked the group.
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LONDON - BP PLC agreed to pay $373 million to resolve charges related to a fatal refinery explosion, market manipulation, and an oil pipeline leak, as Europe's second-largest oil company tries to recover from lapses that dented its share price and image.
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Two big US brokers have agreed to pay fines of USD100m to the market&#39;s watchdog for hyping stock. They have agreed the fines with the Securities and Exchange Commission (SEC) for &quot;inappropriate analysis of stocks&quot;.
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Royal Dutch/Shell Group, the third largest publicly traded oil company, plans to raise spending to $15 billion a year, sell assets and cut costs in a bid to regain investor confidence after overstating oil reserves for six years.
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Investment banks Goldman Sachs Group  Inc. GS.N and Morgan Stanley MWD.N have agreed to pay about  $40 million each to settle U.S. Securities and Exchange  Commission allegations of misconduct in their handling of  initial public stock offerings, sources familiar with the  matter said on Tuesday.
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Russian gas company, Sakhalin Energy Investment Company Ltd, said it has signed a deal to supply Shell Eastern Trading Ltd with LNG over a 20 year period for the North American market, the AFX news agency reported on Thursday.
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Charles Schwab Corp. SCH.N on  Tuesday said it had agreed to pay a fine of $350,000 to settle  SEC enforcement proceedings related to the processing of mutual  fund orders.