Ohio, New York pension funds suing BP | The Columbus Dispatch

Ohio and New York public pension funds are seeking lead-plaintiff status in a class-action lawsuit against BP, whose stock slump in the wake of the Gulf oil leak allegedly has cost the funds about $200million. The lawsuit, filed Tuesday in federal court in Louisiana, says that BP lied or misled investors about the company's safety protocols and ... Full Story

Since: Feb 10

Columbus, OH

#1 Jul 22, 2010
Caveat emptor!
Do not understand

United States

#2 Jul 22, 2010
Why is Ohio PERS suing BP when they actually increased their stake in BP by over 3.5 million shares AFTER the disaster took place and the share prices dropped?? Sounds frivilous to me...
real world in Columbus

Springboro, OH

#3 Jul 22, 2010
Great job for Ohio taxpayers. Cordray you are the best Ohio has had in a decade. someone has to go after the crooks at BP.

Columbus, OH

#4 Jul 22, 2010
BS case....let's concern ourselve's first with the Gulf of Mexico and the effects on the people down there, before our own misguided investments.
c johnson

Toronto, OH

#5 Jul 22, 2010
john kascich who was with Lehman brother's would have insight on
pension's and fund's
This is

Columbus, OH

#6 Jul 22, 2010
the correct course of action. Ohioans support this.

Since: Aug 09

Columbus, OH

#7 Jul 22, 2010
Ah, pensions invested in stocks... I notice I haven't heard any republicans telling us we should invest Social Security into the stock market lately.

Aren't you glad we didn't listen to that nonsese back in 2004?

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