Anadarko Petroleum Being Sued By Hedge Funds Over Oil Spill Damages

Mani

Published onJuly 17, 2013

Updated on May 13, 2021

Over 100 hedge funds have been given permission to sue Anadarko Petroleum Corporation (NYSE:APC), a BP partner for its role in the 2010 Deepwater Horizon oil spill.

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According to Reuters report, U.S. District Judge Keith Ellison in Houston ordered Anadarko Petroleum Corporation (NYSE:APC) to face a law suit accusing it of defrauding shareholders.

Market Cap Tanked

Investors led by the pension funds of U.S. Virgin Islands retirees and over 100 hedge funds have filed a class action securities...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Anadarko Petroleum Being Sued By Hedge Funds Over Oil Spill Damages

Market Cap Tanked

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