Defendant Name: Willbros Group, Inc.

Defendant Type: Public Company

Document Reference: 2008-86

Document Details

Legal Case Name SEC v. Willbros Group, Inc., Jason Steph, Gerald Jansen, Lloyd Biggers, and Carlos Galvez
Document Name SEC Charges Willbros Group and Former Employees withForeign Bribery
Document Date 14-May-2008
Document Format Civil Proceeding
Case Number 08-cv-01494
Allegation Type Foreign Corrupt Practices Act
Document Summary On May 14, 2008, the SEC stated that: "[It] filed a settled enforcement action charging Willbros Group, Inc. and four former employees with violations of the Foreign Corrupt Practices Act (FCPA), alleging that they paid more than $6 million in undisclosed bribes to Nigerian government officials and others to obtain significant contracts for the Houston-based company."

Disgorgement & Penalty Information

Resolutions
Injunction
Cooperation Before the Resolution
Monetary Penalties:

Disgorgement

Individual:     $8,900,000.00 Shared:    

Pre-Judgment Interest

Individual:     $1,400,000.00 Shared:    

Total Penalty

Individual:     $10,300,000.00 Shared:    

Related Documents:

LR-20571 14-May-2008 Litigation Release
Litigation Releases Archives 2008
This provides a list of the Litigation Releases Archives of 2008
comp20571 14-May-2008 Complaint
Complaint
The SEC stated: "This action arises from multiple violations of the Foreign Corrupt Practices Act ("FCPA") and the antifi-aud, books and records and internal control provisions of the federal securities laws by Willbros Group and certain of its former employees."
court_doc8_08-cv-01494 27-May-2008 Court Docket Document
Agreed Final Judgment as to Defendant Willbros Group, Inc.
The Court stated: "The Securities and Exchange Commission, having filed a Complaint, and Defendant Willibros Group, Inc. ("Defendant") having entered a general appearance; consented to this Court's jurisdiction over Defendant and the subject matter of this action, consented to entry of this 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 Judgment."