9th Circuit revives BP shareholder suitCase 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....
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