Defendant Name:
KBR, Inc.
Defendant Type:
Public Company
Document Reference:
court_doc10_09-cv-00399
Document Details
Legal Case Name
SEC v. Halliburton Company and KBR, Inc.
Document Name
Final Judgment as to Defendant KBR, Inc.
Document Date
17-Feb-2009
Document Format
Civil Proceeding
Case Number
09-cv-00399
Federal District Court
Texas, Southern District of Texas
Federal District Judge
Nancy F. Atlas
Allegation Type
Foreign Corrupt Practices Act
Document Summary
The court stated: "The Securities and Exchange Commission having filed a Complaint and Defendant KBR, Inc. ("KBR") having entered a general appearance; consented to the Court's jurisdiction over KBR 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."
Disgorgement & Penalty Information
Resolutions
Enjoinment
Compliance Related Independent Consultant
Other Compliance Related Undertaking
Retain independent corporate monitor for three years, subject to SEC's approval, to review effectiveness of KBR's internal controls and financial reporting procedures. KBR shall cooperate fully with monitor, which during the three year period will prepare a report of its findings - which such findings KBR shall adopt.
Monetary Penalties:
Disgorgement
Individual:
Shared:
$177,000,000.00
Shared with: Halliburton Company
Other Defendants in Action: