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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)
09/11/201517:03:20Current Report Filing (8-k)
08/20/201518:38:00Innospec Set to Join the S&P SmallCap 600
08/12/201511:31:10Amended Statement of Changes in Beneficial Ownership (4/a)
08/12/201506:39:31Statement of Changes in Beneficial Ownership (4)
08/05/201511:10:19Quarterly Report (10-q)
08/05/201506:09:27Current Report Filing (8-k)
07/07/201506:19:15Current Report Filing (8-k)
06/08/201506:33:04Current Report Filing (8-k)
06/04/201507:27:33Statement of Changes in Beneficial Ownership (4)
06/01/201507:17:40Specialized Disclosure Report (sd)
05/20/201509:01:54Initial Statement of Beneficial Ownership (3)
05/19/201508:40:44Statement of Changes in Beneficial Ownership (4)
05/12/201508:56:01Statement of Changes in Beneficial Ownership (4)
05/08/201507:37:42Current Report Filing (8-k)
05/07/201506:13:25Current Report Filing (8-k)
05/06/201516:44:05Quarterly Report (10-q)
05/06/201506:32:51Current Report Filing (8-k)
05/05/201516:30:00Innospec Reports First Quarter 2015 Financial Results
05/05/201513:03:20Amended Statement of Ownership (sc 13g/a)
05/01/201504:46:43Innospec Coverage Initiated by Analysts at Singular Research...

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