Halliburton Reaches Plea Agreement with Department of Justice

The Fine for Destroying Evidence: $200,000

In the second quarter of 2013, Halliburton earned profits of $679 million. The fine for destroying evidence represents a paltry .03% of its second quarter profits.

According to the Department of Justice, Halliburton has signed a guilty plea agreement in which the corporation has agreed to plead guilty and admit its criminal conduct.

As part of the plea agreement, Halliburton, subject to the court’s approval, will pay the statutory fine of $200,000 and be subject to three years of probation.

The Justice Department has also said it won’t pursue further prosecution of Halliburton.

A court hearing at which the district court judge will consider whether to accept the plea agreement is scheduled for September 19.

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A Sweet Deal for Halliburton

“Given the scale of the harm caused by the oil spill, it seems surprising that the government would accept a plea to a relatively minor charge,” said J. Kelly Strader, a law professor at Southwestern Law School. Destruction of evidence often leads to multiple felony counts, he said, including obstruction of justice, as it did in the case of Enron’s market ma­nipu­la­tion a decade ago.

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26-50 of 3110 signatures
Number Date Name Add a Comment
3085 4.2 years ago Christopher Devine
3084 4.2 years ago jeff hopkins
3083 4.2 years ago Cheryl McAtee
3082 4.2 years ago James & Leslea Kunz
3081 4.2 years ago Carlos Echevarria
3080 4.2 years ago Anonymous What an outrageous deal for Haliburton! Dick Cheney must be laughing all the way to the bank. Haliburton has a very long history of mischief! About time to start putting on the brakes.
3079 4.2 years ago Steven Stansbery A $200.000 fine is a pitifully small "cost of doing business" for Haliburton compared to the billions in damage to the Gulf Coast. The fine is no incentive at all for Haliburton or others not to ac...
3078 4.2 years ago Philip Ratcliff Why am I not surprised that Halliburton got a free pass from the Justice Dept.
3077 4.2 years ago Donald Waltman
3076 4.3 years ago Janice Cragnolin
3075 4.3 years ago Ross McKenzie
3074 4.3 years ago chris brazis
3073 4.3 years ago Joe Kaleel
3072 4.3 years ago Ronald C Faas
3071 4.3 years ago Steve Pagano
3070 4.3 years ago chris Morrow
3069 4.3 years ago Megan and Doug Roberts Fines should act as a deterrent to prevent an offender from repeating destructive behaviour. A $200000 fine for such a profitable company is no deterrent at all.
3068 4.3 years ago Elizabeth Molsen
3067 4.3 years ago Mark Gorman This fine does nothing to prevent them from doing it again. Maybe 200 million would have the effect. These fines should be based on the profitability and size of the company.
3066 4.3 years ago Mark Haasis
3065 4.3 years ago Ann Marie Pitts
3064 4.3 years ago Valerie Friedman
3063 4.3 years ago Barbara McKee
3062 4.3 years ago joseph nowak
3061 4.3 years ago Lisa Pereira I am outraged! Halliburton should be banned from US Government contracts/business and the top executives brought to justice for tampering with evidence and withholding information. Also, the ...
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