March 30, 2012
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.
February 13, 2012
A class of BP PLC shareholders burned by losses after the April 2010 Deepwater Horizon disaster can hold BP accountable for knowingly exaggerating its ability to respond to an oil spill, a Texas federal judge ruled Monday.
September 15, 2011
A Texas federal judge on Thursday tossed a suit from shareholders against BP PLC's directors and officers over the fatal April 2010 Deepwater Horizon oil rig explosion, saying England is a more appropriate venue for the litigation.
May 12, 2011
BP PLC could face three massive class actions from investors and employees over April 2010's Gulf of Mexico oil spill if the Texas federal judge overseeing the sprawling multidistrict litigation agrees to a request filed by plaintiffs Wednesday.
May 06, 2011
BP PLC on Thursday pushed back hard against a group of securities class actions stemming from April 2010's Deepwater Horizon disaster, saying the plaintiffs' attempt to turn a corporate mismanagement issue into a fraud claim are barred by previous precedent.