News roundup: LSU outlines refund plan for canceled football game against McNeese State … Rue 21 to open in Mall of Louisiana; Shoe Dept. Encore to move … BP investors’ $2.5 billion class-action lawsuit can move forward, appeals court rules

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Here’s the plan: LSU Athletic Director Joe Alleva on Tuesday afternoon laid out the university’s plan to reimburse fans who attended Saturday’s canceled football game against McNeese State, saying in statement that “we believe that issuing the refund is quite simply the right thing to do in this case, and we thank all of you for your patience as we administer this process.” All fans who purchased a ticket for the game will receive a complete refund of the single-game price, Alleva says. LSU has complete details on how fans will be reimbursed.

Opening soon: Dillard’s will have some new neighbors in the Mall of Louisiana this fall when Rue 21 and Shoe Dept. Encore open. Rue 21, a national clothing chain with three locations in Baton Rouge, is set to open in mid-October in a 7,000-square-foot space on the lower level next to Dillard’s, says Chrislyn Miller, marketing manager for the Mall of Louisiana. Shoe Dept. Encore will open about a month later in late November on the second level, above Rue 21, after relocating from another space in the mall. There is currently no tenant set to fill the current Shoe Dept. space. Miller also says Nordstrom Rack is set to open Oct. 1 in the outparcel at the Mall of Louisiana that houses Dick’s Sporting Goods and Lane Bryant.

More in store: BP must face institutional investors’ claims for more than $2.5 billion in market losses caused by the plunge in share prices after the 2010 Gulf of Mexico oil spill, a federal appeals court ruled. Bloomberg reports the U.S. Court of Appeals in New Orleans on Tuesday upheld a Houston trial judge’s decision that investors can sue as a group, or class, for losses on shares they bought during the weeks immediately after the start of the worst offshore spill in U.S. history, before the magnitude of the disaster was known. The court also upheld a decision blocking investors who bought shares before the spill from seeking damages for their market losses. Read the full story.

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