Wednesday, September 29, 2010

BP (NYSE:BP), Transocean (NYSE:RIG), Halliburton (NYSE:HAL) Sued by Three Mexican States

Lawsuits have been filed by three Mexican states against BP (NYSE:BP), Transocean (NYSE:RIG) and Halliburton (NYSE:HAL), asserting the alleged oil plume has reached their shores.

The lawsuits were filed by Tamaulipas, Veracruz and Quintana Roo in a San Antonio court. The beaches of the three Mexican states are popular with tourists and locals.

Damages sought from the Mexican states weren't specified.

There was no comment from BP on the lawsuits. Halliburton said through spokeswoman Teresa Wong that the allegations were without merit, and Transocean said they'll let their position be known during the legal process.

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