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Year: 2014

Home / 2014

Investors Allege BP Overstated Safety Records

Attorneys for BP investors told a federal judge that the British oil company misled the market for years on how safe its deep-water drilling operations were in the lead-up to the 2010 Gulf of Mexico oil spill.

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Verdicts and settlements as reported in these multiple news sources reflect the amount these verdicts and settlements at the time they were reported and will not necessarily reflect the amounts ultimately recovered by the parties and may not be representative of results in other similar cases.

Reported amounts will not reflect attorneys’ fees (typically up to a 40 percent contingent fee) or case expenses. Jury verdicts may have been settled pending an appeal for a lesser amount and may remain a confidential basis on agreement of the parties as approved by the court.
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    • Sherie Potts Beckman
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