BP Appears in Court to Enter Criminal Plea Over Oil Spill
Stock Chart for BP PLC (BP/)
A not guilty plea today won’t affect its $4 billion criminal settlement with the federal government. BP announced the settlement with the U.S. Justice Department Nov. 15, agreeing to plead guilty and pay $4 billion to end all criminal charges related to the largest offshore oil spill in U.S. history. Under the plea deal, BP will enter a formal guilty plea at a later hearing.
To contact the reporter on this story: Margaret Cronin Fisk in Detroit at firstname.lastname@example.org
To contact the editor responsible for this story: Michael Hytha at email@example.com
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.