Ousted Exec Copped To Bid-Rigging: Halliburton

Law360, New York (October 22, 2008, 12:00 AM EDT) -- An ex-executive of a former Halliburton Co. subsidiary who admitted to receiving millions of dollars in kickbacks over liquefied natural gas projects has also admitted to bid-rigging, according to a U.S. Securities and Exchange Commission filing on Tuesday.

Halliburton's SEC filing revealed that the U.S. Department of Justice told the company in September that ex-executive Albert Jackson Stanley had admitted to bid-rigging and “claimed that others knew about it.”

Stanley, who had worked with former Halliburton unit Kellogg Brown & Root Inc., or KBR, pled guilty...
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