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Wednesday, Aug 28
Judge rejects BP's latest bid to stop settlement payments
- A federal judge denies BP’s (BP +1.7%) latest request for an injunction to halt payments from its multibillion-dollar settlement with victims of the 2010 Gulf of Mexico oil spill.
- The judge's order says an internal probe by the claims administrator's office didn't find credible evidence of fraud involving employees of the settlement program's claims center in Mobile, Ala.
- Meanwhile, federal prosecutors charge seven Hooters employees for fraudulent oil spill claims.