Court Permits Claims to Advance in BP Securities Litigation

In a ruling in In re BP plc Securities Litigation, issued on February 6, 2013, U.S. District Court Judge for the Southern District of Texas, Keith Ellison, ruled that Lead Plaintiffs’ allegations were sufficient as to the Company, Tony Hayward and Douglas Suttles to overcome BP’s motion to dismiss the second consolidated amended complaint.   

Motion to Dismiss Order - February 6, 2013

Additional case information can be found here.