LUDLOW v. BP, P.L.C.

No. 14-20420.

800 F.3d 674 (2015)

Robert LUDLOW, Individually and on behalf of all others similarly situated, Plaintiff-Appellee Cross-Appellant. Thomas P. DiNapoli, Comptroller of the State of New York; Ohio Public Employees Retirement System, Plaintiffs-Appellees. Peter D. Lichtman; Leslie J. Nakagiri; Paul Huyck, Movants-Appellees Cross-Appellants. v. BP, P.L.C.; Anthony Hayward; Douglas J. Suttles, Defendants-Appellants Cross-Appellees.

United States Court of Appeals, Fifth Circuit.

September 8, 2015.


Attorney(s) appearing for the Case

Russell S. Post , Robert David Daniel , William R. Peterson , Beck Redden, L.L.P., Richard Warren Mithoff, Jr., Esq. , Mithoff Law Firm, Houston, TX, Matthew Kendall Edling, Esq. , Mark Cotton Molumphy, Esq. , Cotchett, Pitre & McCarthy, Burlingame, CA, for Plaintiff-Appellee Cross-Appellant.

Glen DeValerio, Esq. , Steven J. Buttacavoli , Berman De Valerio Pease , Jeffrey Craig Block , Block & Leviton L.L.P., Boston, MA, Steven J. Toll, Esq. , Managing Senior Counsel, Joshua Seth Devore , Julie Goldsmith Reiser, Esq. , Cohen Milstein Sellers & Toll, P.L.L.C., Washington, DC, for Plaintiff-Appellee.

Russell S. Post , Robert David Daniel , William R. Peterson , Beck Redden, L.L.P., Richard Warren Mithoff, Jr., Esq. , Mithoff Law Firm, Houston, TX, Matthew Kendall Edling, Esq. , Mark Cotton Molumphy, Esq. , Cotchett, Pitre & McCarthy, Burlingame, CA, for Movant-Appellee Cross-Appellant.

Richard C. Pepperman, II , Marc De Leeuw , Sullivan & Cromwell, L.L.P., Theodore V. Wells, Jr. , Roberto Finzi , Jaren Elizabeth Janghorbani , Patrick James Somers, Esq. , Paul, Weiss, Ritkind, Wharton & Garrison, L.L.P., New York, NY, Amanda Flug Davidoff , Daryl A. Libow , Sullivan & Cromwell, L.L.P., Washington, DC, Thomas Wilson Taylor, Esq. , Andrews Kurth, L.L.P., Houston, TX, for Defendant-Appellant Cross-Appellee.

Before JOLLY, HIGGINBOTHAM, and DAVIS, Circuit Judges.


In this case, our court returns — not for the first time, and likely not for the last — to events related to the 2010 Deepwater Horizon oil spill. The plaintiffs, all holders of BP securities, bring suit against the company and two of its executives, former CEO Anthony Hayward and former Chief...

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