Legal Opinion

In Re: BP, P.L.C. Securities

Court of Appeals for the Fifth Circuit

Decided September 8, 2015No. 14-20420PublishedCited by 25 opinions

1Opinion of the Court

PATRICK E. HIGGINBOTHAM, Circuit Judge:

In this case, our court returns — not for the first time, and likely not for the last— to events related to the 2010 Deepwater Horizon oil spill. The plaintiffs, all holders of BP securities, bring suit against the company and two of its executives, former CEO Anthony Hayward and former Chief Operating Officer Douglas Suttles. 1 They allege that BP made two distinct series of misrepresentations in violation of federal securities law: one series regarding its pre-spill safety procedures, and one regarding the flow rate of the oil after the spill occurred.

T…

2Cases cited27 opinions

  1. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  2. Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
  3. Comcast Corp. v. BehrendSupreme Court of the United States · 2013
  4. Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
  5. Amgen Inc. v. Connecticut Retirement Plans and Trust FundsSupreme Court of the United States · 2013

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3Cited by25 opinions

  1. Richard Tredinnick v. Jackson National LifeCourt of Appeals for the Fifth Circuit · 2020
  2. Cheryl Slade v. Progressive Security InsuranceCourt of Appeals for the Fifth Circuit · 2017
  3. GA Firefighters' Pension v. Anadarko PetroCourt of Appeals for the Fifth Circuit · 2024
  4. City of Cape Coral Mun. Firefighters' Ret. Plan v. Emergent Biosolutions, Inc.District Court, D. Maryland · 2018
  5. Howard v. Liquidity Services, Inc.District Court, District of Columbia · 2017

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