The U.S. Court of Appeals for the Fifth Circuit has certified a “postspill” class of investors who sued BP PLC for alleged misrepresentations about the scale of the 2010 Deepwater Horizon disaster that dumped 5 million gallons of oil into the Gulf of Mexico.
But the appellate court rejected certification for a “prespill” class of investors who sued the BP for its alleged misrepresentations about the safety issues on the drilling platform before it exploded, killing 11 workers.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
