BP investor class actions News

Supreme Court Denies BP Investors’ Class Action Over Losses Tied to Gulf Oil Spill

The U.S. Supreme Court on Monday declined a request from shareholders seeking to revive their class action lawsuit against BP claiming the British oil company misrepresented its safety procedures prior to the 2010 Gulf of Mexico oil spill. The court …

Court OKs One BP Shareholder Class Action But Denies Another

BP Plc must face institutional investors’ claims for more than $2.5 billion in market losses caused by the plunge in share prices after the 2010 Gulf of Mexico oil spill, a federal appeals court ruled. The U.S. Court of Appeals …