Siwei is a subsidiary of ERA Mining Machinery, a Hong Kong-listed firm controlled by a shell company whose principals are two American entrepreneurs in China.
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Compounding the purportedly false audit representations, the Complaint asserts that JMA is not a legitimate accounting firm but rather a shell company that Murray secretly created and controlled.
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The field is co-owned by Esso, a subsidiary of US oil firm Exxon but operated by Shell.
In a reverse merger, the private firm merges with a public shell company.
While it was painful to shell out a fee to a PR firm month after month, we still felt it was money well spent.
In a meeting with investors in November, Shell CEO Peter Voser ticked off how the firm is investing today to capitalize on long-term global demand.
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Bill Lerach, whose law firm has launched a suit against Shell's directors and executives and PricewaterhouseCoopers and KPMG, its auditors, slammed the fine, which he said should have been paid by the executives responsible, and not by the company.
Shell also controls Tejas, an American gas-pipeline firm, and Coral, which is the fifth-largest gas marketer in North America.
Shell's chief executive, Jeroen van der Veer, said the firm had delivered "another competitive set of results".
Burger King was taken private in 2010 by 3G Capital, a New York-based investment firm, and will soon become publicly traded through a merger with a shell company.
The firm with the greatest need for reform at the top, however, is Shell.
Smelling a shell game--and a deeper pocket--some of the lawsuits named the successor firm as a defendant.
An indefatigable traveler, he joined the firm in 1985 after spending most of his career in various international postings (Britain and Curaao) with Shell.
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