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Shell, Nigerian families settle suit for $15.5 million

NEW YORK, June 8 (Reuters) - A civil lawsuit against giant oil producer Royal Dutch Shell RDSa.L over the executions of protesters in Nigeria in the 1990s will be settled for $15.5 million, a lawyer for the families of those executed said on Monday.

The settlement agreement comes as the more than decade-long dispute was due to go to trial in U.S. District Court in Manhattan, said Paul Hoffman, a lawyer for the plaintiffs.

A formal announcement is expected later in the day.

The lawsuit accused Shell of human rights abuses, including violations connected with the 1995 hangings of prominent activist Ken Saro-Wiwa and eight other protesters by Nigeria’s then-military government.

Under the proposed settlement, Royal Dutch Shell will not admit or deny any wrongdoing, Hoffman said. (Reporting by Edith Honan; Editing by Phil Berlowitz)

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