SEC Trims Nigerian Bribery Suit Against Noble Execs

Law360, Houston (March 27, 2013, 6:13 PM EDT) -- The U.S. Securities and Exchange Commission on Monday pared down its suit against a pair of Noble Corp. executives who allegedly bribed Nigerian officials to secure offshore oil platform permits, abandoning claims that had been assailed as being filed too late.

In its second amended complaint against former Noble CEO Mark A. Jackson and James J. Ruehlen, the current director of Nigerian subsidiary Noble Drilling (Nigeria) Ltd., the SEC dropped its pursuit of alleged violations of the Foreign Corrupt Practices Act committed by the duo before...
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