SURVEY - Almost 95% of schemes do not intend to sue BP

clock • 1 min read

More than 94% of respondents to the Global Pensions 100 Panel said they had no intention of taking legal action against BP to recoup losses to their investments following the Gulf of Mexico oil spill.

  Pension funds around the world have suffered losses from a 51% drop in BP's share price after the April explosion and subsequent spill, with a recent report by Bloomberg suggesting 42 pension ...

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