Noble Execs Duck Parts Of Nigerian Oil Rig Bribery Suit

Law360, Houston (December 11, 2012, 8:00 PM EST) -- A Texas federal judge on Tuesday dismissed portions of the U.S. Securities and Exchange Commission’s suit against Noble Corp. executives allegedly involved in a bribery scheme to secure illicit permits for oil rigs in Nigeria, ruling the claims were filed too late.

U.S. District Judge Keith P. Ellison partially granted motions to dismiss brought on behalf of former Noble CEO Mark A. Jackson and James J. Ruehlen, the current director of Nigerian subsidiary Noble Drilling (Nigeria) Ltd., finding that several claims that the duo violated the...
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