Back in 2010, we filed a putative class action seeking to recover $750 million in dividends that were not paid to shareholders of BP after the 2010 Deepwater Horizon spill.
A Texas federal judge denied class certification for investors facing losses in the aftermath of BP’s Deepwater Horizon rig explosion in 2010, after determining that the investors’ damages calculation was too murky to earn certification in light of a recently bolstered standard from the U.S. Supreme Court.