ASBESTOS UPDATE: Halliburton Subject to Erica P. John Fund Case

Halliburton Company continues to be subject to class action litigation involving asbestos, of which the Erica P. John Fund is the lead plaintiff.

In June 2002, a class action lawsuit was filed against the Company in federal court alleging violations of…

ASBESTOS UPDATE: Securities Fraud Case v. Halliburton Reinstated

The U.S. Supreme Court, on June 6, 2011, reinstated a lawsuit by a group of mutual and pension fund investors who claimed Halliburton Co. understated its asbestos liabilities while overstating revenues in its engineering and construction business and the benefits…

ASBESTOS UPDATE: Halliburton Still Subject to AMSF’s Litigation

Halliburton Company continues to be subject to litigation involving asbestos, of which the Archdiocese of Milwaukee Supporting Fund is the lead plaintiff.

In June 2002, a class action lawsuit was filed against the Company in federal court alleging violations of the…

ASBESTOS UPDATE: Brief in AMSF Action v. Halliburton Due Aug. 18

Halliburton Company says that a brief in opposition to the petition for writ of certiorari, which was filed by the Archdiocese of Milwaukee Supporting Fund, is due on Aug. 18, 2010.

In June 2002, a class action lawsuit was filed against…

ASBESTOS LITIGATION: Halliburton Has No Accruals on AMSF Action

Halliburton Company says that, as of June 30, 2009, the Company had not accrued any amounts related to a matter (involving asbestos liabilities) concerning the Archdiocese of Milwaukee Supporting Fund (AMSF).

In June 2002, a class action lawsuit was filed against…

ASBESTOS LITIGATION: Halliburton Gets $79M Payment in July 2009

Halliburton received payment of US$79 million for its asbestos- related insurance settlements in July 2009, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 24, 2009.

At Dec. 31, 2004, the Company resolved all open…

ASBESTOS LITIGATION: Halliburton to Get $85M Recoveries in 2009

Halliburton Company expects to receive payment of about US$85 million in insurance recoveries for its asbestos-related insurance settlements during the second half of 2009, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 24,…

ASBESTOS LITIGATION: AMSF’s Lawsuit v. Halliburton Still Stayed

The Archdiocese of Milwaukee Supporting Fund’s (AMSF) lawsuit involving asbestos filed against Halliburton Company remains stayed in federal district court pending the outcome of an appeal.

In June 2002, a class action lawsuit was filed against the Company in federal court…