Defendant Name: Halliburton Company

Defendant Type: Public Company
SIC Code: 1389
CUSIP: 40621610

Initial Case Details

Legal Case Name SEC v. Halliburton Company and KBR, Inc.
First Document Date 11-Feb-2009
Initial Filing Format Civil Proceeding
Case Number 09-cv-00399
Allegation Type Foreign Corrupt Practices Act
Federal District Court Texas, Southern District of Texas

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
Additionally, KBR, Inc. is alleged to have aided and abetted Halliburton Company's violation of Sec 13(b)(2)(A) of the Exchange Act.
KBR, Inc. is alleged to have aided and abetted Halliburton Company's violation of Sec 13(b)(2)(B) of the Exchange Act.

Resolutions

First Resolution Date 11-Feb-2009
Headline Total Penalty and Disgorgement $177,000,000

Related Documents:

complaint_09-cv-00399 11-Feb-2009 Complaint
Complaint
On February 11, 2009, the SEC filed a complaint against Halliburton and KBR, Inc. The SEC stated: "This action arises from multiple violations of the Foreign Corrupt Practices Act (the "FCPA") of the federal securities laws by Defendants Halliburton Company and KBR, Inc."
LR-20897A 11-Feb-2009 Litigation Release
SEC Charges KBR, Inc. with Foreign Bribery; Charges Halliburton Co. and KBR, Inc. with Related Accounting Violations -- Companies to Pay Disgorgement of $177 Million; KBR Subsidiary to Pay Criminal Fines of $402 Million; Total Payments to be $579 Million
The SEC announced "settlements with KBR, Inc. and Halliburton Co. to resolve SEC charges that KBR subsidiary Kellogg Brown & Root LLC bribed Nigerian government officials over a 10-year period, in violation of the Foreign Corrupt Practices Act (FCPA), in order to obtain construction contracts. The SEC also charged that KBR and Halliburton, KBR's former parent company, engaged in books and records violations and internal controls violations related to the bribery."
2009-23 11-Feb-2009 Press Release--Civil Action
SEC Charges KBR and Halliburton for FCPA Violations
The SEC "announced settlements with KBR, Inc. and Halliburton Co. to resolve SEC charges that KBR subsidiary Kellogg Brown & Root LLC bribed Nigerian government officials over a 10-year period, in violation of the Foreign Corrupt Practices Act (FCPA), in order to obtain construction contracts. The SEC also charged that KBR and Halliburton, KBR's former parent company, engaged in books and records violations and internal controls violations related to the bribery."
court_doc9_09-cv-00399 17-Feb-2009 Court Docket Document
Final Judgment as to Defendant Halliburton Company
The court stated: "The Securities and Exchange Commission having filed a Complaint and Defendant Halliburton Company ("Halliburton") having entered a general appearance; consented to the Court's jurisdiction over Halliburton and the subject matter of this action; consented to entry of this Final Judgment without admitting or denying the allegations of the Complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment."

Other Defendants in Action:

KBR, Inc.

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