Violation Tracker Individual Record
Three subsidiaries of Weatherford International Limited, a Swiss oil services company, agreed to plead guilty to anti-bribery provisions of the Foreign Corrupt Practices Act and export controls violations under the International Emergency Economic Powers Act and the Trading With the Enemy Act. Weatherford International agreed to pay a $87.2 million penalty as part of a deferred prosecution agreement. It also paid a total of $100 million to the U.S. Attorney's Office for the Southern District of Texas, the Bureau of Industry and Security and the Office of Foreign Assets Control. Separately, the company paid $65.6 million to resolve a related SEC case; see the Violation Tracker entry at https://violationtracker.goodjobsfirst.org/violation-tracker/-weatherfor...