Scott+Scott, a US shareholder and consumer rights litigation firm, is investigating oil service equipment firm FMC Technologies.
On March 28 this year FMC received an inquiry from the US Department of Justice (DOJ) relating to the DOJ’s investigation of whether certain services Monaco-headquartered Unaoil provided to its clients, including FMC, violated the Foreign Corrupt Practices Act leading to considerable share price volatility since then.
FMC designs, manufactures, and services systems and products used in offshore drilling, specializing in the deepwater exploration and production of crude oil and natural gas. FMC also provides handling and processing systems to industrial customers.
