
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/bp) announces that a class action lawsuit has been filed in the United States District Court for the Eastern District of Louisiana on behalf of purchasers of BP p.l.c ("BP or the "Company") (NYSE:BP) during the period between February 27, 2008 and May 12, 2010, (the "Class Period").
For more information regarding this class action suit, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/bp.
The complaint, seeking to pursue remedies under the Securities Exchange Act of 1934, alleges that BP issued false and misleading statements about safety, technology, inspections and precautions at its offshore oil facilities. At the time of the Gulf disaster, BP shares were trading at nearly $60, but since have lost nearly half their value.
If you are a member of the class, you may, no later than July 20, 2010, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Ryan & Maniskas, LLP or other counsel of your choice, to serve as your counsel in this action.
For more information about the case or to participate online, please visit: www.rmclasslaw.com/cases/bp, or contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218, or by e-mail at rmaniskas@rmclasslaw.com. For more information about class action cases in general or to learn more about Ryan & Maniskas, LLP, please visit our website: www.rmclasslaw.com.
Contacts:
Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
877-316-3218
rmaniskas@rmclasslaw.com
www.rmclasslaw.com/cases/bp