The U.S. government reimbursed Frescati $88 million, and then the government filed its own suit to recover that amount from Citgo. Read more
Twenty-eight settlements totaling $24.5 million that resolve challenges to how motor fuel retailers and refiners including CITGO Petroleum Co. and ExxonMobil Corp. sold fuel have received fi... Read more
Hedge fund manager and administrator Citco Group Ltd. has agreed to pay $125 million to end class action claims that it helped funnel investors’ money into Bernie Madoff’s Ponzi... Read more
A New York federal judge has rejected a $23 million settlement to cover Citgo Petroleum Corp.’s liability in a proposed class settlement over methyl tertiary-butyl ether (MTBE) groundw... Read more
The U.S. Supreme Court has refused to hear the appeal by Citgo Petroleum Co. in the oil spill suit against the company. The high court denied Citgo’s petition for writ of certiorari without... Read more
Recently, two “hot fuel” lawsuits in Kansas became the nation’s first to receive certification as class actions. U.S. District Judge Kathryn Vratil of Kansas City, Kansas, ruled that the two... Read more
If you would like to subscribe to the Jere Beasley Report digital edition, simply visit our Subscriptions page and provide the necessary information or call us at 800-898-2034.
Attorney Advertising - Prior results do not guarantee a similar outcome.