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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)
02/11/201613:34:21Schedule 13g<br /> (sc 13g/a)
02/11/201609:55:23Amended Statement of Ownership (sc 13g/a)
02/10/201608:40:35Amended Statement of Ownership (sc 13g/a)
02/04/201611:42:25Amended Statement of Ownership (sc 13g/a)
01/26/201616:40:59Amended Statement of Ownership (sc 13g/a)
01/18/201615:00:00Innospec Schedules Fourth Quarter 2015 Earnings Release and Conference...
01/07/201610:00:00Innospec to Present at CJS Securities Conference
12/23/201511:03:03Current Report Filing (8-k)
12/21/201510:40:27Current Report Filing (8-k)
12/21/201510:00:00Innospec Announces Appointment of David Landless as Director
12/08/201506:42:38Statement of Changes in Beneficial Ownership (4)
12/08/201506:36:46Amended Statement of Changes in Beneficial Ownership (4/a)
12/01/201511:27:44Statement of Changes in Beneficial Ownership (4)
11/25/201508:42:27Statement of Changes in Beneficial Ownership (4)
11/19/201509:40:35Statement of Changes in Beneficial Ownership (4)
11/17/201510:20:49Statement of Changes in Beneficial Ownership (4)
11/13/201514:34:38Current Report Filing (8-k)
11/12/201506:22:10Statement of Changes in Beneficial Ownership (4)
11/10/201511:27:35Current Report Filing (8-k)
11/09/201510:31:40Current Report Filing (8-k)

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