BP wins round in investor fraud caseFederal appeals court sides with oil company, reverses lower court in class action stemming from 2006 Prudhoe Bay pipeline leaks Wesley Loy For Petroleum News
A federal appeals court has dealt a setback to a stock market investor’s securities fraud case against BP.
The case centers on the 2006 pipeline leaks in the Prudhoe Bay field and losses the investor, Claude A. Reese, contends he suffered due to misrepresentations about the soundness of BP’s operati....
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Legal fallout Case isn’t dead
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