August 04, 2015
A New York federal judge on Monday threw out a securities class action lawsuit against PetroChina Co. Ltd. that accuses it of failing to disclose corruption at the Chinese oil and gas company, finding the plaintiff-investors failed to establish that company reports contained falsities when they were released.
September 09, 2013
PetroChina Co. Ltd. on Monday denied reports that a corruption probe now includes two more of its executives, a push back that comes as the state-owned company grapples with allegations against its former leaders and at least two securities class actions in New York federal court.