Reese v. Malone

ELR Citation: 44 ELR 20028
No(s). 12-35260 (9th Cir. Feb 13, 2014)

The Ninth Circuit held that shareholders may go forward with their lawsuit against an oil company for allegedly making false and misleading statements about the condition of Alaskan pipelines and the company's pipeline maintenance and leak detection practices prior to and in the wake of an oil spill...