Pride International Inc

Pride International Inc. is engaged in discussions with the U.S. Department of Justice and the U.S. Securities and Exchange Commission regarding a potential negotiated resolution of matters relating to its compliance of the U.S. Foreign Corrupt Practices Act, which could…

The Audit Committee of Pride International Inc.’s Board of Directors’ investigation on certain of its Latin American operations and its review of the compliance with the U.S. Foreign Corrupt Practices Act in certain of its other international operations are underway.

During…

The litigation between Pride International Inc. and its former President and Chief Executive Officer, Paul Bragg, was concluded during the quarter period ended June 30, 2008.

Mr. Bragg sued the Company in the State District Court of Harris County, Tex.,…