Try our Advanced Search for more refined results

In Re: BP plc Securities Litigation

Track this case

Case overview

Case Number:

4:10-md-02185

Court:

Texas Southern

Nature of Suit:

850(Securities/Commodities)

Multi Party Litigation:

Class Action, Derivative Litigation, Multi-district Litigation

Judge:

Judge Keith P Ellison

Firms

Companies

Government Agencies

Sectors & Industries:

  1. June 03, 2016

    BP To Pay $175M To Settle Deepwater Horizon Investor MDL

    BP announced a $175 million settlement late Thursday to resolve a group of securities lawsuits arising from the deadly 2010 explosion of the Deepwater Horizon drilling platform in the Gulf of Mexico hours after a Texas federal judge denied the shareholders an early win in the multidistrict litigation.

  2. June 03, 2016

    No Quick Win For BP Shareholders In Deepwater Suit

    A Texas federal judge on Thursday refused to give BP shareholders a quick win in their securities suit alleging BP told the public the Deepwater Horizon spill was smaller than it actually was, finding that while the group has provided evidence to merit a trial, the evidence doesn't merit judgment in its favor.

  3. January 04, 2016

    BP Gets Securities Fraud Complaints Nixed In Deepwater MDL

    A Texas federal judge on Monday tossed three securities fraud complaints brought against BP following the Deepwater Horizon disaster, after the oil giant successfully argued that the companies set up to pursue multiple claims simultaneously had engaged in "problematic" assignments of individual claims.

  4. October 21, 2015

    BP Targets Two Deepwater MDL Fraud Suits For Dismissal

    BP America Inc. sought Wednesday to knock out two securities fraud cases tied to statements the oil giant made before the Deepwater Horizon disaster, arguing that the plaintiffs, litigation-recovery vehicles seeking damages, do not have standing to sue under the securities laws. 

  5. June 18, 2015

    BP Says Former Exec's Trial Blunts Claims In Securities Fight

    The attorney defending BP America Inc. and its former CEO in Texas multidistrict securities litigation over the Deepwater Horizon oil spill told the presiding judge Wednesday that actions in former BP executive David Rainey's criminal trial cast doubt on scienter allegations. 

  6. March 04, 2015

    BP Earns Appeal Bid But Not Stay In ERISA Suit

    A Texas federal judge on Wednesday allowed BP PLC to pursue interlocutory appeal of an order allowing plaintiffs to amend their Employee Retirement Income Security Act class action over stock losses stemming from the Deepwater Horizon disaster, although he refused to stay the case.

  7. October 03, 2014

    Post-Deepwater Securities Suit Against BP Trimmed

    A Texas federal judge has partially dismissed securities claims against BP PLC over its statements about the health of its stock in the wake of the Deepwater Horizon blowout.

  8. October 01, 2014

    BP Must Face Foreign Investors In Texas Court, Judge Rules

    Foreign investors who sued BP PLC over stock losses they suffered after the 2010 Deepwater Horizon disaster can continue to press their claims in U.S. district court, even though they are litigating under English law about shares that trade on the London Stock Exchange, a Texas federal judge ruled in an order made public Wednesday.

  9. October 01, 2014

    BP Deepwater Securities Claim Not Time-Barred, Judge Says

    A Texas federal judge overseeing multidistrict securities litigation against BP PLC over the Deepwater Horizon disaster on Tuesday sided with plaintiffs in a question about statutes of repose that the U.S. Supreme Court had been slated to take up next week in a case known as IndyMac, but he also dismissed claims against two BP executives.

  10. July 28, 2014

    Nixed $750M BP Dividend Suit To Be Appealed To 5th Circ.

    A plaintiff in a putative class action dismissed last month accusing BP PLC of failing to pay a promised $750 million in dividends to shareholders shortly after the 2010 Deepwater Horizon spill is appealing the decision to the Fifth Circuit.