Suit alleges BP cut back on safety before oil spill

The New York State comptroller, the Ohio state pension funds and other large investors have alleged that BP made cost-saving cutbacks in its safety operations prior to last year's major oil spill and that it disregarded safety warnings from its own managers.

The new documents in a securities fraud class action suit allege that the company "terminated" Curtis Jackson, then a senior manager for Gulf of Mexico operations, and Phil Dziubinski, a senior safety official at BP Alaska who warned of worker fatigue from extensive overtime.

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