Goldfarb Branham Law Firm Investigates Potential Claims For Innospec Shareholders
The national securities law firm of Goldfarb Branham is investigating Innospec (NASDAQ: IOSP) for investors in connection with Innospec’s $40.2 million fine for bribery and other violations of law. Concerned stockholders are urged to contact attorney Hamilton Lindley at 877-583-2855 or by email at email@example.com for more details.
In a recent filing with the SEC, Innospec disclosed legal costs related to its guilty plea to be more than $35 million. The company also “accrued $3.9 million in the first quarter of 2010” for compliance monitors in connection with its violations of the Foreign Corrupt Practices Act (“FCPA”). Earlier this year, Innospec pled guilty to bribing Iraqi and Indonesian officials, violating the FCPA and agreed to pay a $40.2 million fine to the governments of both the United States and the United Kingdom. Cheryl Scarboro, who heads the SEC’s FCPA Unit, said Innospec had a “long-standing practice” of bribing foreign government officials and that company management “authorized and condoned the misconduct.”
Goldfarb Branham is investigating a derivative lawsuit against company executives for allowing this bribery scheme to occur. Derivative lawsuits often lead to restored confidence in companies involved in scandals and increased shareholder value. Contact attorney Hamilton Lindley at 877-583-2855 or
firstname.lastname@example.org for more details if you are a shareholder of Innospec. Lawyers at Goldfarb Branham have significant experience litigating derivative cases and other shareholder lawsuits nationwide.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV