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Former BP trader sues firm, alleges market manipulation
A former trader at BP has filed a lawsuit for breach of contract in which he alleges the British company's Houston-based unit, BP Energy Co, is attempting to manipulate the U.S. natural gas liquids market. Drew Sickinger, who joined BP in Houston in 2009, said the company "created a pretext" for disciplining him late last year and then firing him earlier this month. He said he made $100 million (63 million pounds) for the company over the previous three years. The complaint, filed January 30 in Harris County, Texas, includes allegations by Sickinger that BP is trying to manipulate the natural gas liquids markets ... (full story)
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