ELR Citation: 45 ELR 20165
No(s). 14-20420 (5th Cir. Sep 8, 2015)

The Fifth Circuit affirmed a lower court decision that investors who bought BP stock soon after the 2010 Deepwater Horizon oil spill may file a class action against the oil company for alleged misrepresentations regarding the oil flow rate after the spill, but that investors who purchased stock befo...