Law360, New York (May 14, 2009, 12:00 AM ET) -- A lack of oversight at Halliburton Co. and KBR Inc. allowed the companies to operate as a “criminal enterprise” for almost a decade, and made possible a wide range of misconduct — including a long-running bribery scheme aimed at winning $6 billion worth of contracts in Nigeria — that led to substantial losses for the companies, according to a derivative suit filed Thursday.
The lawsuit was filed in the District Court of Harris County, Texas, by the Policemen and Firemen Retirement System of the City of...
Halliburton, KBR Sued Over 'Reign of Terror'
To view the full article, take a free trial now.
