Sterlitamak resident Mikhail Renzhin has become the first Gazprom shareholder to be awarded compensation from the monopoly for losses. the sum of the award, 24 million rubles, is record-setting as well. Previously, the largest sum awarded in a case against a stock issuer was 11 million rubles, paid by Sibneft in 2005. The Moscow Arbitration ruled in favor of Renzhin on Friday in a case against Gazprom and SP-DRAGA, Gazprom's registrar, concerning the theft of 95,200 shares in Gazprom. Renzhin received...

Read the article Shareholder Wins Suit against Gazprom.

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