BP Workers Can Sue Over Retirement Losses Tied to Spill
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BP Plc employees can sue managers of the company’s retirement savings plan over losses related to the 2010 Gulf of Mexico oil spill, a U.S. appeals court said.
The New Orleans-based appellate court, citing a recent Supreme Court ruling, today rejected U.S. District Judge Keith Ellison’s 2012 decision denying claims for millions of dollars in losses suffered by the plans.