Judge Finds Halliburton Settlement Unacceptable
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A federal judge in Dallas yesterday rejected a $6 million settlement in a shareholder suit that alleged Halliburton Co. engaged in accounting fraud, saying the lead plaintiffs&#39; lawyer mishandled the case and may have settled for too little money.
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The controversial awarding of a key Iraqi oil contract to US giant Halliburton is now being investigated by the FBI, it has been claimed.
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Pentagon auditors "strongly" urged  the Army last week to withhold paying 15 percent of  Halliburton's bills in Iraq for over $4 billion of logistical  work, said a military document released on Tuesday.
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SANTA FE, N.M.  - A Canadian counterterrorism  expert who was acquitted of stockpiling armor-piercing missiles  has sued companies affiliated with Halliburton, saying their  fraud led to his imprisonment, according to court papers  obtained on Friday.
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Halliburton Co. may decide not to submit new bids for the logistics contracts it holds in Iraq if the U.S. military divides up the work too deeply, Chief Executive Officer Dave Lesar said on Tuesday.
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The U.S. Army will withhold payment on 15 percent of future invoices of Halliburton Co.'s logistics deal in Iraq due to an ongoing billing dispute, the company and the U.S. military said on Tuesday.
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A Halliburton subsidiary agreed to pay the government $8 million to resolve accusations of overbilling related to the firm's work for the Army in the Balkans, the Justice Department said yesterday.
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A federal judge Friday ruled against a proposed $6 million settlement between Dallas-based Halliburton and shareholders, CBSMarketWatch.
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HOUSTON A judge ordered Halliburton Company to reinstate health insurance for retirees of its former Dresser Incorporated unit, ruling the company couldn&#39;t modify the health plans to eliminate the benefits.
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The U.S. Army is laying the groundwork to let Halliburton Co. keep several billion dollars paid for work in Iraq that Pentagon auditors say is questionable or unsupported by proper documentation, the Wall Street Journal reported on Friday.
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Halliburton Co. said Monday a bankruptcy judge approved the final insurance settlement agreements between Halliburton subsidiaries and insurance carriers.
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The Army should withhold nearly $90 million in payments to Halliburton because the politically connected firm can&#39;t justify what it charged America&#39;s temporary government in
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The inspector general for Iraq&#39;s reconstruction yesterday threw his weight behind withholding some payments from Halliburton Co.
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Halliburton Co. HAL.N may decide not  to submit new bids for the logistics contracts it holds in Iraq  if the U.S. military divides up the work too deeply, Chief  Executive Officer Dave Lesar said on Tuesday.
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The Pentagon is to end the contract Halliburton has to service US troops in Iraq, the Wall Street Journal reports.
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A federal judge in Illinois sentenced a   Texas man to 30 months in prison on Wednesday for inflating   bills with bogus "war risk" charges for flying cargo into   Baghdad under a contract with Halliburton Co's KBR.
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&quot;Payments may have been made to Nigerian officials,&quot; Halliburton says in its quarterly filing with the Securities and Exchange Commission.