Oilfield services firm Petrofac facing lawsuit from shareholders worth a minimum £400m

The legal action comes after a former Petrofac sales executive, David Lufkin, last week pleaded guilty to handing out more than £39m in bribes to seal £3.4bn worth of Middle East contracts.

Read the This is Money Full Article - You are now departing from the regulatory site of Bingham-Woods IFA Ltd. Neither Bingham-Woods Independent Financial Advisors Ltd, Intrinsic Independent Limited, nor Intrinsic Mortgage Planning Limited is responsible for the accuracy of the information contained within the linked site.

Latest News

  • Double trouble at the top of Standard Life: Pension giant hit by savings exodus after mega-merger . Read more
  • Dairy Crest snapped up by Canadian giant Saputo in £975m deal . Read more
  • ABERFORTH SMALLER COMPANIES TRUST: Aiming for long term growth by investing in small UK firms. Read more