Why was Texaco sued?
In 1994, six highly qualified African-American employees filed a class action complaint against Texaco Inc. alleging that the Company failed to promote African-American employees to upper level jobs and failed to compensate them fairly in relation to caucasian employees in similar positions.
What was the Texaco scandal?
The growing scandal at Texaco Inc. claimed its first management casualties. The company yesterday suspended two executives and cut off some benefits to two retirees after hearing tapes of the men planning to destroy documents demanded in a discrimination lawsuit and belittling minority employees with racial epithets.
Why did Pennzoil sue Texaco?
Texaco`s legal problems began in early 1984 when Pennzoil sued, accusing Texaco of sabotaging its planned purchase of three-sevenths of Getty Oil by taking over the entire company. In November, 1985, a Houston jury awarded Pennzoil $10.53 billion, plus interest.
What happened in the Chevron lawsuit?
Steven Donziger, the environmental and human rights lawyer who won a $9.5 billion settlement against Chevron over oil dumped in Indigenous lands in the Amazon rainforest, surrendered himself to the federal authorities on Wednesday to begin a six-month prison sentence.
How much did Pennzoil actually get from Texaco?
A Texas jury yesterday awarded Pennzoil Corp. $10.53 billion in damages against Texaco Inc., finding that Texaco beat out Pennzoil in their 1984 battle to buy Getty Oil Co. by unlawfully subverting a binding contract between Pennzoil and Getty.
When did Pennzoil go out of business?
The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2002, becoming a brand of the conglomerate….Pennzoil.
Pennzoil Place, former company headquarters | |
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Website | pennzoil.com |
Is Steven Donziger still in jail?
Having spent 45 days in prison and a combined total of 993 days under house arrest, Donziger was released on April 25, 2022. In June 2022, a federal appeals court affirmed Donziger’s criminal contempt conviction.
Did Steven Donziger go to jail?
Donziger, who was disbarred in New York last year, was found guilty of criminal contempt in July including for failing to turn over his computer and other electronic devices in connection with his long-running legal battle with Chevron Corp over oil pollution in Ecuador.
How did Joe Jamail make his money?
Jamail’s specialty was personal injury cases — people hurt in accidents or by commercial products — and over five decades he won more than 500 lawsuits and $13 billion in judgments and settlements for his clients.
Is Shell Oil and Pennzoil the same?
Pennzoil is an American motor oil brand currently owned by Shell plc. The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2002, becoming a brand of the conglomerate.
What did Chevron do to Donziger?
The key factor in this case hinged on the testimony of a former Ecuadorian judge, Alberto Guerra, who was bribed by Chevron to speak out against Donziger. Chevron moved Guerra to the U.S., hiring immigration lawyers for him and his family, and putting him on a $12,000-a-month payroll.
What did Donziger do?
Donziger, the New York lawyer who doggedly pursued Chevron for its contamination of the Ecuadorian Amazon and helped win a multi-billion-dollar verdict in Ecuador, was found to have participated in racketeering. A federal court found that he was involved in a scheme to bribe an Ecuadorian judge…
Why did Chevron Sue Steven Donziger?
In 2011, Chevron filed a civil RICO (Racketeer Influenced and Corrupt Organizations Act) suit against Donziger in New York City, accusing him of bribing an Ecuadorean judge, ghostwriting the damages judgment against it, and “fixing” scientific studies.
Who is Steve Danziger?
Donziger, a graduate of Harvard Law School, has been fighting against polluting American oil companies for nearly three decades on behalf of indigenous communities and peasant farmers in Ecuador. His only “crime” was winning a $9.5 billion judgment in 2011 against Chevron for thousands of plaintiffs.
Is Joe Jamail alive?
December 23, 2015Joe Jamail / Date of death
Who is the richest lawyer in Texas?
1. Joe Jamil. Joe Jamil is still been referred to as the richest lawyer in Texas, despite been deceased. According to Forbes his networth is $1.7Billion.
Who makes Kirkland oil?
Kirkland heavy-duty motor oil is made and blended by Warren distribution, the same company that manufactures Walmart’s Super Tech brand. Warren distribution also has its brand of motor oil known as Mag 1 oil. In addition, Warren distribution blends motor oils for Meijer and AmazonBasic oils.
What was the settlement of the Texaco lawsuit?
* Nov. 12, 1996: Jesse Jackson calls for boycott of Texaco, beginning today, unless the company reaches agreement with black employees who filed the discrimination lawsuit. * Nov: 15, 1996: Texaco agrees to pay $176.1 million to settle the discrimination suit.
When was the Texaco discrimination case in Texas?
Key dates in the Texaco discrimination case: * June 1994: A discrimination lawsuit is brought by six Texaco employees on behalf of themselves and at least 1,500 other African American employees who worked at the company between 1991 and 1994.
What happened to Texaco in the’96 scandal?
* Nov. 6, 1996: Texaco suspends two executives and cuts off the retirement benefits of its former treasurer, as the oil giant responds to a racial and legal scandal that has spawned a criminal investigation into possible destruction of documents that could be used as evidence.
Is the Texaco settlement a step in the right direction?
The settlement is “a step in the right direction,” said Celes King III, California chairman of the New York-based Congress of Racial Equality, who met Friday with two Texaco regional officials at the civil rights organization’s office in South-Central Los Angeles.