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Ludlow v. BP, P.L.C.

ELR Citation: ELR 20165
Nos. 14-20420, (5th Cir., 09/08/2015)

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 before the spill may not file a class acti...

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