By Maya Lester QC & Michael O’Kane

Baker Hughes discloses Securities & Exchange Commission sanctions investigation

The US oil company Baker Hughes has disclosed in its annual report for 2020 (Form 10-K) that it has received notice that the US Securities and Exchange Commission is conducting a formal investigation into Baker Hughes’ books, records and internal controls regarding sales of its products and services in projects impacted by US sanctions. An internal review is on-going, and …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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