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BP Hit With RICO Action In Deepwater Horizon MDL

Law360 (January 25, 2011, 3:26 PM EST) -- A new class action filed in the federal court overseeing the multidistrict litigation over the Deepwater Horizon disaster claims that BP PLC violated racketeering laws in its statements to federal regulators before and after the oil spill.

The plaintiffs in the suit have been injured by the British oil giant's scheme to maximize financial gain at the expense of human and environmental safety through acts indictable as mail and wire fraud, according to the complaint, filed Monday in the U.S. District Court for the Eastern District...
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