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Plains Investors Can't Show They Were Misled, 5th Circ. Hears

Law360 (September 11, 2018, 8:32 PM EDT) -- Plains All American Pipeline LP, days after a jury found it criminally liable for a 2015 oil spill, has told the Fifth Circuit it should uphold a Texas district court's dismissal of a shareholder suit stemming from the same incident because the investors didn't prove it intended to mislead them about the pipeline's condition. 

In a brief filed Monday, Plains All American told the Fifth Circuit that despite the volume of the claims brought by the investors — which are detailed in a more than 200-page...
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