SEC Sues Noble Execs Over Nigerian Bribery Scheme

Law360, New York (February 24, 2012, 4:33 PM ET) -- The U.S. Securities and Exchange Commission on Friday sued three current and former executives of offshore-drilling contractor Noble Corp. in Texas federal court over their alleged involvement in a bribery scheme to nab illicit permits for oil rigs in Nigeria.

Former Noble CEO Mark A. Jackson and James J. Ruehlen, current director of Nigerian subsidiary Noble Drilling (Nigeria) Ltd., allegedly arranged bribes to Nigerian customs officials in return for false paperwork showing that the company's oil rigs had been exported and reimported, which prevented Noble from...
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Case Information

Case Title

U.S. Securities and Exchange Commission v. Jackson et al

Case Number

4:12-cv-00563

Court

Texas Southern

Nature of Suit

850(Securities/Commodities)

Judge

Judge Keith P Ellison

Law360 Coverage

Date Filed

February 23, 2012


Case Title

U.S. Securities and Exchange Commission v. O'Rourke

Case Number

4:12-cv-00564

Court

Texas Southern

Nature of Suit

850(Securities/Commodities)

Judge

Judge Vanessa D Gilmore

Date Filed

February 23, 2012

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