BP class action News

Judge Blocks BP Investors from Suing as Group Over Losses

BP Plc’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before and after the Gulf of Mexico oil spill, a judge ruled, citing a recent Supreme Court decision. Shareholders sought permission …

BP Says $332 Million in Florida Oil Spill Claims Approved

The administrator of a class-action settlement between petroleum giant BP and oil spill claimants said that more than 34,000 Florida businesses and individuals so far have been approved to receive $332 million. Patrick Juneau was in Tallahassee to meet with …

Judge Approves $7.8 Billion Settlement in BP Class Action Suit

A U.S. judge last Friday gave final approval to BP Plc’s settlement with individuals and businesses who lost money and property in the 2010 Gulf of Mexico oil spill. The order only addressed the settlement of economic and property damage …