South Yorks Fund, Skandia and GAM sue BP for Deepwater Horizon 'lies'

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UK pension schemes and asset managers are suing BP in the Texas courts for tens of millions of pounds over alleged fraud and negligence before and after the Deepwater Horizon oil spill.

The explosion at the oil rig in the Gulf of Mexico on April 20, 2010 killed 11 workers and caused an environmental disaster which prompted BP's stock price to plummet nearly 50% within weeks. US...

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