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Halliburton, ITT Settle Bribery Charges

The SEC wraps up a decade-long bribery investigation against Halliburton and subsidiaries. ITT, which self-reported its wrongdoing in a separate case, got off lighter.

February 11, 2009

The Securities and Exchange Commission settled two big bribery cases with U.S. multinationals today, calling one case the "largest combined settlement ever paid by U.S. companies" since the passage of the Federal Corrupt Practices Act (FCPA). Read more...

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