Weatherford International and Subsidiaries Agree to Pay $252 Million in Penalties and Fines
Washington, DC—(ENEWSPF)—November 26, 2013. Three subsidiaries of Weatherford International Limited (Weatherford International), a Swiss oil services company that trades on the New York Stock Exchange, have agreed to plead guilty to anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) and export controls violations under the International Emergency Economic Powers Act (IEEPA) and the Trading With the Enemy Act (TWEA). Weatherford International…
