In re BP p.l.c. Securities Litigation, 4:10-md-02185 (2018)
Court: District Court, S.D. Texas
Number: infdco20181127692
Visitors: 18
Filed: Nov. 15, 2018
Latest Update: Nov. 15, 2018
Summary: ORDER KEITH P. ELLISON , District Judge . WHEREAS, Defendants in the above-captioned actions filed a motion for judgment on the pleadings (MDL 2185 ECF No. 1662) seeking dismissal of certain claims under the Securities Exchange Act of 1934 ("Exchange Act") as time-barred; and WHEREAS the Court granted Defendants' motion by Memorandum and Order dated September 18, 2018 (MDL 2185 ECF No. 1707); IT IS HEREBY ORDERED that Plaintiffs' Exchange Act claims based on the following alleged misstat
Summary: ORDER KEITH P. ELLISON , District Judge . WHEREAS, Defendants in the above-captioned actions filed a motion for judgment on the pleadings (MDL 2185 ECF No. 1662) seeking dismissal of certain claims under the Securities Exchange Act of 1934 ("Exchange Act") as time-barred; and WHEREAS the Court granted Defendants' motion by Memorandum and Order dated September 18, 2018 (MDL 2185 ECF No. 1707); IT IS HEREBY ORDERED that Plaintiffs' Exchange Act claims based on the following alleged misstate..
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ORDER
KEITH P. ELLISON, District Judge.
WHEREAS, Defendants in the above-captioned actions filed a motion for judgment on the pleadings (MDL 2185 ECF No. 1662) seeking dismissal of certain claims under the Securities Exchange Act of 1934 ("Exchange Act") as time-barred; and
WHEREAS the Court granted Defendants' motion by Memorandum and Order dated September 18, 2018 (MDL 2185 ECF No. 1707);
IT IS HEREBY ORDERED that Plaintiffs' Exchange Act claims based on the following alleged misstatements in the following cases are dismissed:
• Robert Malone's statements in The BP Magazine on April 7, 2007 in:
• Alameda Cty. Empl. Ret. Ass'n. v. BP p.l.c., No. 12-cv-01256 (cons.), Second Amended Complaint ("Alameda") (ECF No. 148) ¶¶ 357-359;
• HESTA Super Fund v. BP p.l.c., No. 13-cv-00129, Second Amended Complaint ("HESTA") (ECF No. 118) ¶¶ 357-359;
• New York City Empl. Ret. Sys. v. BP p.l.c., No. 13-cv-1393, First Amended Complaint ("New York City") (ECF No. 102) ¶¶ 357-359;
• Stichting Pensioenfonds Metaal en Techniek v. BP p.l.c., No. 13-cv-00069, Second Amended Complaint ("Stichting Pensioenfonds") (ECF No. 120) ¶¶ 357-359; and
• The Bank of America Pension Plan v. BP p.l.c., No. 14-cv-01418, First Amended Complaint ("Bank of America") (ECF No. 28) ¶¶ 357-359.
• Anthony Hayward's speech at the Houston Forum on November 8, 2007 in:
• HESTA ¶ 373;
• New York City ¶ 373;
• Stichting Pensioenfonds ¶ 373;
• Bank of America ¶ 373;
• Avalon Holdings, Inc. v. BP p.l.c., No. 12-cv-03715, Second Amended Complaint ("Avalon") (ECF No. 121) ¶ 220;
• GIC Private Ltd. v. BP p.l.c., No. 14-cv-1072, Amended Complaint ("GIC Private Ltd.") (ECF No. 27) ¶ 334;
• Helaba Invest Kapitalanlagegesellschaft mbH v. BP p.l.c., No. 14-cv-1065, Amended Complaint ("Helaba") (ECF No. 28) ¶ 334;
• Louisiana State Empl. Ret. Sys. v. BP p.l.c., No. 14-cv-01087, Amended Complaint ("Louisiana") (ECF No. 36) ¶ 339;
• Maryland State Ret. and Pension Sys. v. BP p.l.c., No. 14-cv-01068, Amended Complaint ("Maryland") (ECF No. 22) ¶ 145;
• Arkansas Teacher Ret. Sys. v. BP p.l.c., No. 14-cv-00457, Amended Complaint ("Arkansas") (ECF No. 26) ¶ 299;
• Virginia Ret. Sys. v. BP p.l.c., No. 14-cv-01058, Amended Complaint ("Virginia") (ECF No. 22) ¶ 301;
• Washington State Inv. Bd. v. BP p.l.c., No. 14-cv-00980, Second Amended Complaint ("Washington") (ECF No. 59) ¶ 272; and
• Pensions Reserves Inv. Mgmt. Bd. of Massachusetts v. BP p.l.c., No. 14-cv-01084, Amended Complaint ("Pension Reserves") (ECF No. 27) ¶ 288.
• Anthony Hayward's statements in BP's 2007 Annual Review dated February 22, 2008 in:
• New York City ¶ 380;
• Bank of America ¶ 380;
• GIC Private Ltd. ¶ 336;
• Helaba ¶ 336;
• Louisiana ¶ 341;
• Maryland ¶ 147;
• Arkansas ¶ 301;
• Virginia ¶ 303;
• Washington ¶ 274; and
• Pension Reserves ¶ 290.
• Anthony Hayward's statements during the February 27, 2008 strategy presentation call in:
• New York City ¶ 382;
• Bank of America ¶ 382;
• GIC Private Ltd. ¶ 338;
• Helaba ¶ 338;
• Louisiana ¶ 343;
• Maryland ¶ 149;
• Arkansas ¶ 303;
• Virginia ¶ 305;
• Washington ¶ 276; and
• Pension Reserves ¶ 292.
• BP's statements in the 2007 Annual Report dated March 4, 2008 in:
• New York City ¶ 384;
• Bank of America ¶ 384;
• GIC Private Ltd. ¶ 340;
• Helaba ¶ 340;
• Louisiana ¶ 345;
• Maryland ¶ 151; and
• Pension Reserves ¶ 294.
• Anthony Hayward's speech at BP's Annual General Meeting on April 17, 2008 in:
• Bank of America ¶¶ 386-387;
• GIC Private Ltd. ¶¶ 342-343;
• Helaba ¶¶ 342-343;
• Louisiana ¶ 347;
• Maryland ¶ 153;
• Arkansas ¶¶ 305-306;
• Virginia ¶¶ 307-308;
• Washington ¶¶ 278-279; and
• Pension Reserves ¶ 296.
• Anthony Hayward's speech at the HRH Prince of Wales's 3rd Annual Accounting for Sustainability Forum on December 17, 2008 in:
• Bank of America ¶ 398;
• GIC Private Ltd. ¶ 345;
• Helaba ¶ 345;
• Louisiana ¶ 350;
• Maryland ¶ 155;
• Arkansas ¶ 308;
• Virginia ¶ 310;
• Washington ¶ 281; and
• Pension Reserves ¶ 298.
• Anthony Hayward's statements in BP's 2008 Annual Review dated February 24, 2009 in:
• Bank of America ¶ 401;
• GIC Private Ltd. ¶ 347;
• Helaba ¶ 347;
• Louisiana ¶ 352;
• Maryland ¶ 157;
• Arkansas ¶ 310;
• Virginia ¶ 312;
• Washington ¶ 283; and
• Pension Reserves ¶ 300.
• BP's statements in the 2008 Annual Report dated March 4, 2009 in:
• Bank of America ¶¶ 403-404;
• GIC Private Ltd. ¶¶ 349-350;
• Helaba ¶¶ 349-350;
• Louisiana ¶¶ 354-355;
• Maryland ¶¶ 159-160;
• Virginia ¶¶ 314-315;
• Washington ¶¶ 285-286; and
• Pension Reserves ¶¶ 302-303.
• BP's statements in the Initial Exploration Plan dated March 10, 2009 in:
• Bank of America ¶¶ 406-409;
• GIC Private Ltd. ¶¶ 365-368;
• Helaba ¶¶ 365-368;
• Louisiana ¶¶ 357-360;
• Virginia ¶¶ 317-320;
• Washington ¶¶ 288-291; and
• Pension Reserves ¶¶ 305-308.
• Anthony Hayward's statements in the 2008 Sustainability Review dated April 16, 2009 in:
• Bank of America ¶ 416;
• GIC Private Ltd. ¶ 352;
• Helaba ¶ 352;
• Louisiana ¶ 367;
• Maryland ¶ 162;
• Virginia ¶ 327; and
• Pension Reserves ¶ 315.
IT IS SO ORDERED.
Source: Leagle
