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Strong v. Taylor et al
Case Number:
2:11-cv-00392
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
Companies
Sectors & Industries:
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July 03, 2012
Tidewater Defeats Derivative Suit Over FCPA Settlements
A Louisiana federal judge on Monday said a disgruntled Tidewater Inc. shareholder should have brought his grievances to his board of directors before filing a derivative action over the offshore oil servicer's $15 million settlement of civil and criminal charges under the Foreign Corrupt Practices Act.
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February 17, 2011
Investor Targets Tidewater Board Over FCPA Cases
A Tidewater Inc. shareholder has launched a derivative suit against the offshore services provider's top brass over alleged Foreign Corrupt Practices Act violations that cost the company $15 million in enforcement settlements.