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Article

7 Apr 2003

Author:
Max Gebhardt, Business Report [South Africa]

Anglo stock hit by class action suit [South Africa]

Shares in Anglo American and Sasol fell sharply on Friday after it was disclosed that US lawyer Ed Fagan and local representative John Ngcebethsa were planning to file a class action suit for damages against Anglo and Fluor, a US company that worked with Sasol, for their role in human rights abuses during apartheid.

Part of the following timelines

Fluor faces $1 billion claim by former South African workers alleging discrimination & repression during apartheid

Apartheid reparations lawsuits (re So. Africa)