Defendant Name:
Helmerich & Payne, Inc.
Defendant Type:
Public Company
SIC Code:
1311
CUSIP:
42345210
Document Reference:
34-60400
Document Details
Legal Case Name
In the Matter of Helmerich & Payne, Inc.
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange of 1934, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
30-Jul-2009
Document Format
Administrative Proceeding
AAER
3026
Allegation Type
Foreign Corrupt Practices Act
Document Summary
The SEC stated: "This recommendation concerns violations of the books and records and internal controls provisions of the Foreign Corrupt Practices Act ("FCPA") by H&P, through two of its second-tier wholly-owned subsidiaries, Helmerich & Payne (Argentina) Drilling Company and Helmerich & Payne de Venezuela, C.A."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Disgorgement
Individual:
$320,604.00
Shared:
Pre-Judgment Interest
Individual:
$55,077.22
Shared: