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BP Plc Agrees To Settle Suits Filed Over Tainted Gas-AP


Sunday, 30 Jun 2013 08:00pm EDT 

The Associated Press reported that BP Plc has agreed to a $7 million settlement to resolve lawsuits filed last year after the Company recalled about 4.7 million gallons of tainted gasoline in four Midwestern states. Several law firms had sued BP Products North America Inc. on behalf of thousands of consumers who bought the incorrectly formulated gas in August 2012 in Indiana, Illinois, Ohio and Wisconsin. Some vehicles experienced hard starting, stalling and mechanical-component damage. 

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448.0
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8:30am EDT