The U.S. Securities and Exchange Commission and the U.S. Department of Justice’s probes into Weatherford International Ltd.’s participation in the United Nations oil-for-food program are ongoing, the company disclosed in its latest quarterly report on Form 10-Q.
The Company participated in…
Weatherford International Ltd.’s investigations over the embezzlement of about US$175,000 at a European subsidiary are ongoing, the company disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission.
With the assistance of outside counsel…
Weatherford International, Ltd. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that during the six months ended June 30, 2009, the Company incurred US$27 million in legal and professional fees in…
Weatherford International Ltd. is cooperating with the U.S. Department of Commerce, Bureau of Industry & Security and the U.S. Department of Justice’s investigations of alleged improper sales of products and services by the Company and its subsidiaries in sanctioned countries.
The…
The U.S. Securities and Exchange Commission and the U.S. Department of Justice’s probes into Weatherford International Ltd.’s participation in the United Nations oil-for-food program are ongoing.
The Company participated in the program governing sales of goods and services into Iraq.
The SEC…
Weatherford International Ltd. is cooperating with the U.S. Department of Commerce, Bureau of Industry & Security and the U.S. Department of Justice’s investigations of alleged improper sales of products and services by the Company and its subsidiaries in sanctioned countries.
The…
Weatherford International, Ltd., during 2008, incurred US$47 million in legal and professional fees in connection with complying and conducting investigations.
During 2008, the Company incurred US$56 million for costs incurred in connection with its exit from sanctioned countries.
The U.S. Department of…
Weatherford International Ltd.’s investigations over the embezzlement of about US$175,000 at a European subsidiary are ongoing.
With the assistance of outside counsel and in connection with U.S. government investigations and subpoenas, the Company is conducting the embezzlement investigations and the possible…
Weatherford International Ltd. disclosed in its latest Quarterly Report on Form 10-Q filed with U.S. Securities and Exchange Commission that in relation with its oil-for-food program, during the nine months ended Sept. 30, 2008, it incurred US$57 million for costs…
Weatherford International Ltd. disclosed in its latest Quarterly Report on Form 10-Q filed with U.S. Securities and Exchange Commission that it continues to be involved in government and internal investigations involving various of its operations.
The Company participated in the United…