PetroChina Wins Dismissal of US Lawsuit Over Alleged Bribery

From Reuters

PetroChina Co on Monday won the dismissal of a U.S. class-action lawsuit arising from an alleged bribery scheme at China's state-run oil company.

U.S. District Judge Edgardo Ramos in Manhattan dismissed claims by PetroChina investors who accused the company and various officials, including former Chairman Jiang Jiemin, of deceiving them about its internal controls and governance.

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