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KBR notes cooperation with SEC, DOJ and SFO in Unaoil investigations

( August 2, 2017, 14:53 GMT | Official Statement) -- MLex Summary: KBR, a Texas-based oil and gas services firm, said in a securities filing that it is cooperating with the US Justice Department and Securities and Exchange Commission and the UK Serious Fraud Office in an investigation of its interactions with Unaoil. Unaoil is a Monaco-based consultancy for the oil sector that has been accused of operating as a third party bribe payer on behalf of various oil companies. KBR said in its filing that shareholders have recently filed a lawsuit claiming that KBR had made misrepresentations about Excerpt:...

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