Plaintiffs Urge Court To Be Wary Of Twombly Ruling

Law360, New York (June 1, 2007, 12:00 AM EDT) -- Plaintiffs in an antitrust class action against BP have urged a court to ignore the oil giant's reliance on the U.S. Supreme Court's recent, but already well-worn, precedent that raised the pleading standard for conspiracy claims.

The plaintiffs argue that BP is misguided in its reliance on the top court's May 21 decision in Bell Atlantic Corp. v. Twombly to support their motion to a Manhattan judge to dismiss claims it willfully manipulated crude oil prices.

BP is not the first antitrust defendant to call a...
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