On November 26, 2013, the SEC filed a complaint against Weatherford International Ltd. According to the SEC: "This action arises from violations of the Foreign Corrupt Practices Act ('FCPA') by Weatherford International Ltd. ('Weatherford'), a Swiss corporation with operations in Houston, Texas, that is a global provider of equipment and services to the oil and gas industry."

On November 26, 2013, the SEC announced filing a settled complaint against Weatherford International Ltd. alleging the company violated "the Foreign Corrupt Practices Act (FCPA) by authorizing bribes and improper travel and entertainment for foreign officials in the Middle East and Africa to win business, including kickbacks in Iraq to obtain United Nations Oil-for-Food contracts." According to the SEC: "Weatherford agreed to pay $90,984,844 in disgorgement, $4,399,423.34 in prejudgment interest, and a $1.875 million civil penalty assessed in part for lack of cooperation during the investigation. $31,646,907 of the payment to the SEC will be satisfied by Weatherford's agreement to pay an equal amount to the U.S. Attorney's Office. Weatherford agreed to pay $87 million in criminal fines to the Department of Justice for the FCPA violations, and $100 million to the other three agencies for the sanctions violations. The company also must comply with certain undertakings, including the retention of an independent compliance monitor for 18 months and self-reporting to the SEC staff for an additional 18 months."

On November 26, 2013, the SEC announced that it charged oilfield services company Weatherford International ("Weatherford") with violating the Foreign Corrupt Practices Act by authorizing bribes and improper travel and entertainment for foreign officials in the Middle East and Africa to win business, including kickbacks in Iraq to obtain United Nations Oil-for-Food contracts. According to the SEC's complaint filed in federal court in Houston, Weatherford and its subsidiaries falsified its books and records to conceal not only these illicit payments, but also commercial transactions with Cuba, Iran, Syria, and Sudan that violated U.S. sanctions and export control laws. Weatherford agreed to pay more than $250 million to settle the SEC's charges and parallel actions by the Department of Justice's Fraud Section, U.S. Attorney's Office for the Southern District of Texas, Department of Commerce's Bureau of Industry and Security, and Department of Treasury's Office of Foreign Assets Control.

On December 19, 2013, Federal District Judge Gray Hampton Miller entered final judgment against Weatherford International Ltd. pursuant to the consent of Weatherford International Ltd.