BP paid just $1,300 each to 79% of the Deepwater oil spill victims because of a single switched word in the multibillion-dollar settlement [Fortune]
ChampionX Corporation (CHX)
Company Research
Source: Fortune
the next three months — and tens of thousands of ordinary people were hired to help clean up environmental devastation from the biggest offshore oil spill in U.S. history. These workers were exposed to crude oil and the chemical dispersant Corexit while picking up tar balls along the shoreline, laying booms from fishing boats to soak up slicks and rescuing oil-covered birds. Recognizing that some members of cleanup crews had likely become sick, BP agreed to a medical claims settlement two years after the 2010 disaster. Experts hailed it as “an extraordinary achievement” that would compensate workers fairly with little hassle. But it hasn't turned out that way. The effort has fallen far short of expectations, leaving many workers who claimed lasting health effects stranded with little or no payment. Through the settlement, BP has paid ill workers and coastal residents a tiny fraction — $67 million — of the billions the company has spent on restitution for economic and environ
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News
- Schlumberger To Benefit From Acquisition And International Operations [Seeking Alpha]Seeking Alpha
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Continues to Investigate HMNF, MCBC, CHXPR Newswire
- Cactus appoints Jay Nutt as finance chief [Seeking Alpha]Seeking Alpha
- Cactus Announces Appointment of Jay Nutt as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MCBC, CHX, HMNFPR Newswire
CHX
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- 4/24/24 - Beat
CHX
Sec Filings
- 6/20/24 - Form 425
- 6/18/24 - Form 8-K
- 6/17/24 - Form 425
- CHX's page on the SEC website