A European Union oil price-fixing investigation has prompted a Shreveport businessman to file a federal lawsuit in Baton Rouge against BP, Royal Dutch Shell and Statoil ASA. Harter’s lawsuit asks that a federal judge prevent the oil companies and Platts from destroying any documents or records relating to setting the price of oil.
By Ted Griggs, Advocate business writer: June 11, 2013
A European Union oil price-fixing investigation has prompted a Shreveport businessman to file a federal lawsuit in Baton Rouge against BP, Royal Dutch Shell and Statoil ASA.
The lawsuit seeking class-action status by David Harter claims the companies illegally manipulated the price of crude from at least 2002 to now, violating state and federal anti-trust laws.
In May, European Commission investigators raided the offices of BP, Shell, Statoil and Platts, which publishes benchmark oil prices. read more
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