BP reaches $7.8-billion settlement with oil spill plaintiffs

Saturday, March 3, 2012 - 01:50 in Earth & Climate

The tentative deal would resolve a civil lawsuit filed by a diverse group of 120,000 plaintiffs seeking compensation for the 2010 oil spill in the Gulf of Mexico.Global oil giant BP has reached a proposed settlement estimated at $7.8 billion with the more than 120,000 plaintiffs in the massive civil lawsuit arising from the 2010 Gulf of Mexico oil spill.

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