New York State to sue BP over spill

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US - Officials at the New York State Common Retirement Fund have announced plans to lead a class action against BP over losses related to the massive oil spill in the Gulf of Mexico.

New York State comptroller Thomas DiNapoli (pictured), a trustee of the pension fund, said the scheme hired law firm Cohen Milstein Sellers & Toll to represent it in a class action. The New York CR...

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