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5th Circ. Backs BP Execs' Dismissal From Securities MDL

By Helen Christophi (January 17, 2013, 8:20 PM EST) -- The Fifth Circuit on Wednesday affirmed a lower court's dismissal of shareholder derivative claims against BP PLC officers in a massive securities multidistrict litigation against the British oil company stemming from the Deepwater Horizon disaster, agreeing that an American jury shouldn't have to interpret English law....

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