Ex-BP Execs Plead Not Guilty In Propane Gas Case

Law360, New York (November 8, 2007, 12:00 AM EST) -- Four former executives for BP PLC have denied trying to manipulate U.S. propane prices three years ago, entering not guilty pleas on Wednesday in a federal court in Chicago to mail fraud and conspiracy charges.

Three natural gas traders and the vice president for natural gas liquids at a Houston-based subsidiary of BP pleaded not guilty before U.S. District Judge Ruben Castillo in the U.S. District Court for the Northern District of Chicago.

The four charged defendants are former natural gas traders Cody Claborn and Carrie...
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