Judge Tosses BP Shareholders' Claims Arising From Oil Spill

, The National Law Journal


A consolidated shareholder suit against BP PLC's current and former directors and officers alleging that lapses in security procedures contributed to the Deepwater Horizon oil spill has been dismissed, with a federal judge in Houston concluding that the case belongs in England. The case was one of three shareholder actions pending before U.S. District Judge Keith Ellison.

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