5th Circ. Axes Class Claims Over Anadarko's $900M Write-Off

By Jessica Corso (April 25, 2024, 10:52 PM EDT) -- The Fifth Circuit on Thursday decertified a class of Anadarko Petroleum Corp. shareholders who claim they lost money on the company's bad oilfield bet, ruling a lower court judge didn't allow the company to respond to an expert report that tied a stock price drop to a $900 million write-off disclosure....

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