According to Bloomberg BusinessWeek, a BP shareholder has filed suit against the company for unspecified monetary damages against the company's CEO and other directors alleging that BP "continued to ignore" safety concerns in its deepwater drilling operations and didn't fix problems brought up in a 2006 shareholder lawsuit, which settled out of court and followed a deadly Texas refinery explosion and a series of oil pipeline leaks on Alaska's North Slope. The new shareholder suit alleges that instead of doing real work to improve its practices, BP "elected to cut costs, including safety and maintenance expenditures, in pursuit of profitable results to report to Wall Street." Also named in the suit are Transocean, Halliburton, and Cameron International. Read much, much more, here.