Halliburton Company
Company Name | Halliburton Company |
Stock Symbol | HAL |
Class Period | July 28, 2017 to - |
Lead Plaintiff Motion Deadline | July 28, 2017 |
Status | 1 |
On October 21, 2011, Halliburton disclosed that it had initiated an internal investigation into potential violations of the Foreign Corrupt Practices Act (“FCPA”) by Halliburton personnel in Angola. Following this news, Halliburton’s stock price fell $0.97 per share, or 2.1%, to close at $33.50 on October 21, 2011.
Then, on July 27, 2017, the SEC announced that Halliburton would pay $29.2 million to settle allegations of FCPA violations in connection with its Angolan operations. On this news, Halliburton’s stock price fell $0.21 per share on July 27, 2017.
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