In Re: BP plc Securities Litigation

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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. March 30, 2012

    BP Escapes ERISA Suit Claiming Spill Sank Stock-Heavy Fund

    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.

  2. February 13, 2012

    BP Must Face Shareholder Claims Over Spill: Judge

    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.

  3. September 15, 2011

    Judge Nixes BP Derivative Suit, Suggests UK Venue

    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.

  4. May 12, 2011

    BP MDL Plaintiffs Seek Separate Trials

    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.

  5. May 06, 2011

    Oil Spill Securities Cases Barred By High Court, BP Argues

    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.