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With Thousands Opting Out, BP Settlement Risks Termination

Investing News Network
Nov. 01, 2012 11:39AM PST
Oil and Gas Investing

The architects of a proposed class-action settlement of claims brought forth by the BP oil spill in the Gulf of Mexico are confident it will not be derailed by thousands of businesses and individuals opting out of the deal.

The architects of a proposed class-action settlement of claims brought forth by the BP oil spill in the Gulf of Mexico are confident it will not be derailed by thousands of businesses and individuals opting out of the deal.

As quoted in market news:

Compared to the thousands and thousands of claims that have been filed, and recognized, the number of opt outs is very low. In fact, many of the objections are from people who are outside of the settlement that want to get into the deal.

Click here to read full CNBC report.

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