Halliburton, KBR Sued Over 'Reign of Terror'

Law360, New York (May 14, 2009, 12:00 AM EDT) -- 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...
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