Nabors Industries Ltd. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that in March 2011, the Court of Ouargla in Algeria, sitting at first instance, entered a judgment of US$39.1 million…
Nabors Industries Ltd. aims to cooperate with the U.S. Department of Justice’s investigation of one of its vendors as well as the Company’s compliance with the Foreign Corrupt Practices Act.
On July 5, 2007, the company received an inquiry from the…
Nabors Industries Ltd. disclosed in its quarterly report on Form
10-Q file with the U.S. Securities and Exchange Commission that
its challenge to an adverse customs infractions judgment is still
ongoing.
A court in Algeria entered a judgment of around US$19.7 million
against the company…
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 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…
Halliburton Co. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that two shareholder derivative lawsuits in Texas are ongoing.
In May 2009, two shareholder derivative lawsuits involving the company and KBR were…
Transocean Ltd.’s appeal, which disputes US$115 million in tax assessments, is pending in the Rio de Janeiro state Taxpayer’s Council.
In the third quarter of 2006, the Company received tax assessments of US$115 million from the state tax authorities of Rio…