Global investors gang up on BP with new class action suit

06/11/2010 | National Law Journal (free registration), The

A class action lawsuit seeks to unite investors from around the world who have been angered by BP's handling of the Gulf of Mexico oil spill. The investors, almost two-thirds of whom are based overseas, say that they were misled about BP's commitment to operational safety and that the company falsely claimed to have plans in place to deal effectively with a major spill.

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National Law Journal (free registration), The

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