BP Escapes ERISA Suit Claiming Spill Sank Stock-Heavy Fund

By Django Gold (March 30, 2012, 7:21 PM EDT) -- BP PLC on Friday evaded allegations that it sank employee retirement funds by overinvesting in company stock in the years before the Deepwater Horizon oil spill, as the judge presiding over the multidistrict litigation said plan beneficiaries hadn't shown BP egregiously mismanaged its plans....

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