Oil services firm Weatherford to pay $140 million for accounting fraud

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Oil services firm Weatherford to pay $140 million for accounting fraud

By Suzanne Barlyn (Reuters) – Oil services company Weatherford International LLC has agreed to a $140 million penalty to settle charges it inflated its
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Oil services firm Weatherford to pay $140 mln for accounting frau…

Two Weatherford senior accounting executives at the time also agreed to settle charges that they were behind the scheme, the SEC said.
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