BP sued for 'mismanaging' funds

Lawsuit: BP North America 'mismanaged' retirement funds, employees say

BP’s North American unit was accused in a lawsuit by its employees of mismanaging their retirement savings plans by investing heavily in its own stock before last year’s Gulf of Mexico oil spill.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?