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Securities Litigation and Class Action Takeaways from the Fifth Circuit’s Decision in the Deepwater Horizon Case 

by Daniel H. Gold, Timothy Newman

Published: September, 2015

Submission: September, 2015

 



The Fifth Circuit Court of Appeals recently affirmed a district court ruling regarding class certification in a securities class action, Ludlow, et al. v. BP, PLC, et al., stemming from the 2010 Deepwater Horizon explosion in the Gulf of Mexico. The opinion provides several important takeaways for securities class action litigation.


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