A consolidated shareholder suit against BP PLC's current and former directors and officers alleging that lapses in security procedures contributed to the Deepwater Horizon oil spill has been dismissed, with a federal judge in Houston concluding that the case belongs in England. The case was one of three shareholder actions pending before U.S. District Judge Keith Ellison.
Judge Tosses BP Shareholders' Claims Arising From Oil Spill
The National Law Journal
September 21, 2011
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