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Violation Tracker Individual Record

Company: Halliburton Co.
Current Parent Company: Halliburton
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $7,500,000
Year: 2004
Date: August 3, 2004
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: Halliburton Co. agreed to pay $7.5 million to settle allegations that it failed to disclose a 1998 change to its accounting practice, and as a result the company's public statements regarding its income in 1998 and 1999 were materially misleading.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oilfield services and supplies
Specific Industry of Current Parent: oilfield services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.