Obama attends energy summit fundraiser.Click here to read the brief
Judge tosses Gulf spill suit against Transocean
NEW ORLEANS (AP) — A federal judge in New York on Tuesday dismissed a lawsuit from investors who alleged top executives of Transocean Ltd. misled shareholders about safety problems in the months leading up to a catastrophic oil well blowout in the Gulf of Mexico.
On Tuesday, U.S. District Judge Naomi Reice Buchwald threw out a class-action suit against Transocean. The Swiss company leased the Deepwater Horizon rig to BP PLC to drill a deep-sea well off the Louisiana coast. The well blew out in April 2010, killing 11 workers, destroying the rig and causing the nation's worst offshore oil disaster.
If you have questions, please email firstname.lastname@example.org.
To start your free 14-day trial, fill in the form below.