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Investor's Chancery Pipeline Suit Tossed Over Demand Failure

By Vince Sullivan ( January 31, 2019, 10:51 PM EST) -- A unitholder suit against the directors of Plains All American Pipeline LP arising from a costly California oil spill was dismissed Thursday by a Delaware Chancery Court judge who found the investor group didn't demand that the board bring the litigation and didn't show that such a demand would have been futile....

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