A former and a current executive of Noble Corporation settled with the SEC without paying any penalties, according to a stipulation filed with the federal district court in Houston Wednesday.
Entries in Noble (22)
A docket entry from July 1 for the U.S. federal district court in Houston said all deadlines in the SEC's civil FCPA enforcement action against two former Noble executives have been vacated "pending final settlement documents."
Federal district judge Keith B. Ellison denied motions for summary judgments filed by the SEC, and by former Noble executives Mark Jackson and James Ruehlen.
A federal district court in New York City issued an order Friday denying a motion to dismiss a civil FCPA enforcement action against three executives of Magyar Telekom Plc.
The SEC got the green light this week from a federal judge to charge two former Noble executives with FCPA-related offenses they committed after February 2007.
So far in 2012, the SEC by its own count has brought only five enforcement actions.
As reported today by Mike Koehler, two executives from oil services firm Noble Corporation filed motions to dismiss complaints brought against them in February by the Securities and Exchange Commission that alleged they bribed officials in Nigeria in exchange for illegal import permits for drilling rigs.
Three executives from oil services firm Noble Corporation were charged today by the Securities and Exchange Commission with bribing officials in Nigeria in exchange for illegal import permits for drilling rigs.
The SEC's Office of the Whistleblower (yes, it's real) published its first list of enforcement actions that might be eligible for whistleblower rewards. It includes FCPA-related cases.
The penalty for paying bribes in Nigeria may increase following demands from a Nigerian NGO that the Nigerian government seek its share of the recent anti-graft bounty. Maybe…