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In re Petrochina Company Ltd. Securities Litigation
Case Number:
1:13-cv-06180
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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August 04, 2015
PetroChina Dodges Class Action Over Corruption Claims
A New York federal judge on Monday threw out a securities class action lawsuit against PetroChina Co. Ltd. that accuses it of failing to disclose corruption at the Chinese oil and gas company, finding the plaintiff-investors failed to establish that company reports contained falsities when they were released.
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September 09, 2013
PetroChina Says Reports Of New Corruption Probe Are False
PetroChina Co. Ltd. on Monday denied reports that a corruption probe now includes two more of its executives, a push back that comes as the state-owned company grapples with allegations against its former leaders and at least two securities class actions in New York federal court.