Legal Opinion
Claude Reese v. Robert Malone
Court of Appeals for the Ninth Circuit
Decided February 13, 2014No. 12-35260PublishedCited by 74 opinions
1Opinion of the Court
OPINION
DEARIE, Senior District Judge:
In March of 2006, an oil leak in one of BP’s Alaskan pipelines spilled approximately 200,000 gallons of oil onto the Alaskan tundra. Despite BP’s public statements suggesting that the spill was an anomaly, a second leak was discovered five months later in a different BP oil transit line in the region. As a result, the company temporarily shut down regional operations.
This class action complaint was filed by BP shareholders, who allege that the company knowingly, or with deliberate recklessness, made false and misleading statements about the condition of…
2Cases cited33 opinions
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3Cited by74 opinions
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