Key Energy Services, an oilfield services company, disclosed in a securities filing this month that it has widened its initial probe into potential violations of the Foreign Corrupt Practices Act.
“In April 2014, the company became aware of an allegation involving Key’s Mexico operations that, if true, could potentially constitute a violation of certain company policies, including our Code of Business Conduct, the U.S. FCPA, and other applicable laws,” the company stated in a Form 8-K filing, dated June 4. No further details were provided on the matter.
