Ret. Assoc. v. BP (In re BP)
District Court, S.D. Texas
1Opinion of the Court
KEITH P. ELLISON, UNITED STATES DISTRICT JUDGE
Pending before the Court is a motion for judgment on the pleadings to dismiss certain claims under the Securities Exchange Act of 1934 ("Exchange Act") as time-barred. (Doc. No. 1662.)1 Defendants BP p.l.c., BP America, Inc., BP Exploration & Production, Inc., Anthony Hayward, Douglas Suttles, H. Lamar McKay, Robert Dudley, and Robert Malone ("Defendants") argue that Exchange Act claims based on alleged misstatements made more than five years before the filing of the actions at issue are foreclosed by the Exchange Act's statute of repose.…
2Cases cited14 opinions
- American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
- Great Plains Trust Co. v. Morgan Stanley Dean Witter & Co.Court of Appeals for the Fifth Circuit · 2002
- Merck & Co. v. ReynoldsSupreme Court of the United States · 2010
- Russell Dusek v. JPMorgan Chase & Co.Court of Appeals for the Eleventh Circuit · 2016
- CTS Corp. v. WaldburgerSupreme Court of the United States · 2014
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