Legal Opinion
In re BP P.L.C. Securities Litigation
District Court, S.D. Texas
Decided March 30, 2012No. MDL No. 10-md-2185; Civil Action No. 4:10-cv-4214Published
1Opinion of the Court
MEMORANDUM AND ORDER
KEITH P. ELLISON, District Judge.
This is a putative class action arising out of the Deepwater Horizon catastrophe and brought pursuant to the Employment Retirement Income Security Act (“ERISA”), 29 U.S.C. § 1132(a)(2)-(3). Pending before the Court is Defendants’ Motion to Dismiss the Consolidated Complaint (Doc. No. 88).1 Having considered the parties’ pleadings, arguments, and the applicable law, the Court finds that Defendants’ motion must be GRANTED.
I. BACKGROUND
A. Plaintiffs and the ERISA Plans
BP is one of the world’s largest energy companies. Through its own…
2Cases cited34 opinions
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Collins v. Morgan Stanley Dean WitterCourt of Appeals for the Fifth Circuit · 2000
- Mertens v. Hewitt AssociatesSupreme Court of the United States · 1993
- Pegram v. HerdrichSupreme Court of the United States · 2000
- Venture Associates Corporation, a Tennessee Corporation v. Zenith Data Systems Corporation, a Delaware CorporationCourt of Appeals for the Seventh Circuit · 1993
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