Stephen Baldwin suing Kevin Costner for millions over BP 'trick'


Stephen Baldwin Says Kevin Costner Soaked Him in $52M Deal with BP, Courthouse News Service, December 23, 2010:

Stephen Baldwin has sued Kevin Costner, claiming Costner and others tricked him into selling his shares in a company whose technology separates oil from water. Baldwin and a co-plaintiff claim that Costner and associates made a lucrative deal with BP after the Deepwater Horizon oil spill, then bought out the plaintiffs' shares while keeping them in the dark about the $52 million sale to BP.

10 comments to Stephen Baldwin suing Kevin Costner for millions over BP 'trick'

  • soozla

    ....a battle of "heroes"...sheesh.

  • Howard T. Lewis III

    Hey, Costner filmed 'The Postman'and 'Waterworld'. Respect where respect is due. Low blow, Costner.

  • Months ago [on this site] I read that Kevin Costner invented the 'centrifuge', the centrifugal machine that separates oil from water. This new information is confusing, and I don't trust Baldwin. IMHO, all newly created businesses undergo the sort of greed that is demonstrated in the behavior of the characters involved here.

  • FEDup

    Costner is flat broke, look it up the scandal. He saw opportunity knocking.

  • uncomfortablynumb

    I read through the article one time..Huh?? Didn't have the patience for a 2nd. or 3rd.reading. Who is doing what to whom and for what reason? With BP involvement anything is possible. A new technology bought by BP to be shelved? A good mystery to be solved by Agatha Christie..but wait..no one has been murdered yet...except those that have succumbed to the toxins...yeah you BP.

  • Jean

    I can't understand why BP would buy this technology and then not use it, unless they didn't want anyone else to use it. BP wanted to continue using Corexit to sink the oil, rather than trying another solution that might have cleaned up the oil with less environmental damage.

  • Billy Dale

    Jean
    December 24, 2010 at 5:01 pm
    I can’t understand why BP would buy this technology and then not use it, unless they didn’t want anyone else to use it

    ~~~~~

    that's about it. Did the same with car engines. Follow the money.

  • Derpper

    Sounds like Baldwin isn't business minded.... I didn't know you could sue for being stupid and allowing yourself to be talked into selling shares.

    What a noob. If he wins, I suggest that anyone who ever lost money on the stock market sue their broker and site this case. If you can sue for being talked into selling a stock the grew and became worth some good money, then you must have grounds for buying stock that lost value. Reminds me of the coffee = hot case against McDonalds... Stupid case, though it couldn't of happened to a better corporation.

  • Derpper:

    You said, "... Reminds me of the coffee = hot case against McDonalds... Stupid case..."

    The handicapped woman in the wheelchair didn't find it stupid! When the *extremely hot* coffee spilled into her lap, and traveled down to the groin, scalding hot mind you -- it was scorching her feminine genitalia [consider anatomy] and not one person offered to lift her from her chair and the steaming coffee.

    Perhaps you would like to stick your anatomy into a glass of steaming hot coffee -- and keep it there until a McDonalds employee decides to rescue it. That should convince you that the McDonalds case was not so stupid afterall.

  • Derpper:

    I agree with your opinion concerning Baldwin; it's tough to have missed a golden opportunity, and he did.

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>