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 delayed 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 privatized in 1990. Most of the workers represented in the suit were laid off during 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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