Halliburton in Antitrust Probe
- Share via
Halliburton Co., the world’s second-biggest oil field services provider, said the Justice Department was investigating possible antitrust violations involving the former chairman of its Kellogg, Brown & Root unit.
Halliburton said in a filing Tuesday with the Securities and Exchange Commission that a previously disclosed investigation into possible improper payments to Nigerian officials uncovered information suggesting that A. Jack Stanley and other former employees might have engaged in coordinated bidding with competitors on foreign construction projects.
Halliburton spokeswoman Wendy Hall said the company didn’t believe that there were any antitrust violations or that current management was involved. A lawyer representing Stanley couldn’t be reached for comment.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.