Friday, August 6, 2010

10 Billion Class Action Lawsuit Against BP (NYSE:BP), Thousands Joining

There are thousands of people in Galveston, TX. who have signed up to be part of a class action lawsuit against BP (NYSE:BP). They are afraid that they have been exposed and will suffer long term effects caused by a benzene leak at a BP facility.

In papers filed in court, the lawsuit alleges the release of over 500,000 pounds of chemicals, 17,000 pounds of which was benzene. It's being said the chemicals have harmed property values in the area as well as putting the health of citizens at risk.

This incident happened April 6th, when the company was having problems with a hydrogen compressor in their Texas City plant. There was a fire which compromised the seal of the compressor which made BP have to burn off the gases. The company worked to fix the problem over the following 40 day, there was 583,000 pounds of toxic chemicals released into the air.

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