KBR faces US lawsuit over UK bribery probe

( May 18, 2017, 10:24 GMT | Official Statement) -- MLex Summary: KBR is facing a lawsuit by shareholder activist company Lundin Law for possible breaches of US law related to alleged bribery by the enginneering and construction company's UK arm. Lundin alleges that the company failed to disclose that its UK units "violated applicable bribery and corruption laws." The UK's Serious Fraud Office opened a probe into KBR, its employees and agents, in April for suspected bribery and corruption. Full statement follows....

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