BP Corp. North America Inc.’s effort to remove nearly 4,700 retirees from a class-action lawsuit challenging pension changes tied to a 1980s corporate acquisition failed on Friday after a Texas federal judge concluded that these retirees’ claims were not barred by an earlier lawsuit. BP argued that more than
A group of BP retirees urged the Fifth Circuit on Wednesday to reverse a lower court’s ruling barring intervention in a long-running Employee Retirement Income Security Act lawsuit against BP North America and its retirement plan, arguing a recently certified class with no opt-out rights couldn’t adequately represent their
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