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Shareholder derivative lawsuits against directors and officers of British Petroleum in the wake of the company’s offshore oil rig explosion could result in sizeable recoveries based on current litigation trends, an expert in the field says.

That forecast came from Kevin LaCroix, an attorney and author of the “D&O Diary” blog (www.dandodiary.com/), who is also a broker for OakBridge Insurance Services in Beachwood, Ohio.

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