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Jan. date to rule on BP $4.5B plea deal over spill

Published on NewsOK Modified: December 11, 2012 at 5:16 pm •  Published: December 11, 2012

The settlement includes payments of nearly $2.4 billion to the National Fish and Wildlife Foundation, $350 million to the National Academy of Sciences and about $500 million to the Securities and Exchange Commission, which accused BP of misleading investors by lowballing the amount of crude that was spilling from its blown-out well.

It also includes nearly $1.3 billion in fines. The largest previous corporate criminal penalty assessed by the Justice Department was a $1.2 billion fine against drug maker Pfizer in 2009.