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View Full Version : Funds sue BP for safety fraud over Gulf disaster - Telegraph.co.uk



FraudNews
09-04-2012, 06:20 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG1A0qiMMLw19u07D6Z2k-1dA1_mAamp;url=http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9518692/Funds-sue-BP-for-safety-fraud-over-Gulf-disaster.htmlimg src=//nt1.ggpht.com/news/tbn/dSeiWGLoEYOklM/0.jpg alt= border=1 width=80 height=50 /br /font size=-2Telegraph.co.uk/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG1A0qiMMLw19u07D6Z2k-1dA1_mAamp;url=http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9518692/Funds-sue-BP-for-safety-fraud-over-Gulf-disaster.htmlbFunds sue BP for safety #39;bfraud/b#39; over Gulf disaster/b/abr /font size=-1bfont color=#6f6f6fTelegraph.co.uk/font/b/fontbr /font size=-1The funds allege that they lost “substantial sums as a result of BP#39;s misleading statements”, and are suing under Texas law for common law bfraud/b and negligent misrepresentation, and for statutory bfraud/b. The US Supreme Court blocked foreign investors b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dnCCXIF1yPYlreMnobrb and morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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