Losses and lawsuits


Our regular review of the losses and problems caused for financial firms falling foul of fraud, management failure, human error and other operational hazards, as taken from the full descriptions in the IC Squared First Loss Database

Halliburton -- accounts investigated

The US Securities and Exchange Commission (SEC) is investigating Dallas-based construction and energy corporation Halliburton over a change in the company’s accounting practices, which has affected the way it books cost overruns

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