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Vol. 19, No. 8 Week of February 23, 2014
Providing coverage of Alaska and northern Canada's oil and gas industry


9th Circuit revives BP shareholder suit

Case stems from pipeline leaks in 2006 at Prudhoe Bay; investors allege misleading company statements, seek to recover losses

Wesley Loy

For Petroleum News

A federal appeals court has revived a BP shareholder lawsuit stemming from high-profile pipeline leaks in 2006 in the Prudhoe Bay oil field. In a 42-page opinion issued Feb. 13, the 9th U.S. Circuit Court of Appeals in San Francisco reversed a lower court’s dismissal of the case. The case began in 2....

    [additional news subjects in this story]

Two spills, big trouble

‘Simply not plausible’


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