Court Permits Claims to Advance in BP Securities Litigation
February 07, 2013
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.