Takeaways From Weatherford Corruption Settlements

Law360, New York (December 5, 2013, 1:14 PM EST) -- On Nov. 26, 2013, Weatherford International Ltd., an oil-field services company that trades on the New York Stock Exchange, agreed to pay $253 million in criminal and civil penalties as part of a global settlement with the U.S. government to resolve claims that the company and its subsidiaries violated the Foreign Corrupt Practices Act and various export control and sanctions laws....

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