Spain's Repsol YPF soon hopes to be able to announce the sale of more shares in its Argentinean subsidiary YPF, despite a class- action lawsuit in Argentina that has de- layed its plans. Earlier this month, a judge at a provincial court in Argentina ruled in favor of 25,000 former YPF workers who claim they were entitled to, but never received, about 10% of YPF's stock when the company was priva- tized in 1990. Most of the workers repre- sented in the suit were made redundant dur- ing the privatization of YPF in the 1990s, when the company slashed its labor force from 28,000 to just 7,000 employees.
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