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US DOJ Charges Innospec In Bribery Case, Settlement Expected

By Brent Kendall Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The U.S. Department of Justice on Thursday charged chemicals company Innospec Inc. (IOSP) with bribing Iraqi officials to win and retain business under the United Nations' Oil-for-Food Program. Prosecutors filed papers in a Washington federal court charging the company with bribery and conspiracy under the Foreign Corrupt Practices Act. They allege Innospec and its subsidiaries were involved in a conspiracy to bribe Iraqi officials from 2001 to 2008. The department is expected to announce a settlement in the case later Thursday, according to someone familiar with the situation. Innospec has previously disclosed the bribery investigation. It said in a February filing with the Securities and Exchange Commission that it expected to settle bribery investigations in the United States and United Kingdom for a sum in the range of $28.8 million to $40.2 million. -By Brent Kendall, Dow Jones Newswires; 202-862-9222;

Stock News for Innospec Inc. (IOSP)
05/23/201616:21:43Specialized Disclosure Report (sd)
05/16/201606:58:20Statement of Changes in Beneficial Ownership (4)
05/16/201606:42:29Statement of Changes in Beneficial Ownership (4)
05/13/201616:05:45Current Report Filing (8-k)
05/10/201608:41:25Amended Statement of Ownership (sc 13g/a)
05/09/201609:04:02Statement of Changes in Beneficial Ownership (4)
05/09/201607:48:34Statement of Changes in Beneficial Ownership (4)
05/06/201609:00:00Martin M Hale Retires as Innospec Director
05/05/201606:25:02Current Report Filing (8-k)
05/04/201610:52:35Quarterly Report (10-q)
05/04/201607:27:55Current Report Filing (8-k)
05/03/201616:35:00Innospec Reports First Quarter 2016 Financial Results
04/12/201613:13:19Innospec Schedules First Quarter 2016 Earnings Release and Conference...
03/18/201609:45:21Statement of Changes in Beneficial Ownership (4)
03/18/201607:16:10Additional Proxy Soliciting Materials (definitive) (defa14a)
03/18/201607:10:21Proxy Statement (definitive) (def 14a)
03/08/201606:16:41Statement of Changes in Beneficial Ownership (4)
03/03/201616:23:07Current Report Filing (8-k)
02/24/201609:07:33Statement of Changes in Beneficial Ownership (4)
02/24/201608:38:41Statement of Changes in Beneficial Ownership (4)

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