SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (date of earliest event reported)
OCTOBER 23, 2000
Halliburton Company
(Exact name of registrant as specified in its charter)
State or other Commission IRS Employer
jurisdiction File Number Identification
of incorporation Number
Delaware 1-3492 No. 75-2677995
3600 Lincoln Plaza
500 North Akard Street
Dallas, Texas 75201-3391
(Address of principal executive offices)
Registrant's telephone number,
including area code - 214/978-2600
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INFORMATION TO BE INCLUDED IN REPORT
Item 5. Other Events
The registrant may, at its option, report under this item any events,
with respect to which information is not otherwise called for by this form, that
the registrant deems of importance to security holders.
On October 23, 2000 registrant issued a press release entitled "Brown &
Root Services to Defend Civil Litigation," pertaining to, among other things,
an announcement that registrant's business unit, Brown & Root Services (BRS),
is a defendant in civil litigation pending in federal court in Sacramento,
California, alleging that BRS violated certain provisions of the False Claims
Act while performing work for the U.S. Army at Ft. Ord, California. The case,
referred to as the Qui Tam litigation, was filed in 1997 by a former employee.
Registrant does not believe that the litigation will have any material adverse
impact on it.
The U. S. Department of Justice has now advised BRS that BRS is the
target of a federal grand jury investigation regarding the contract issues
raised in the Qui Tam litigation. At present, the Department of Justice has not
made any specific allegations against BRS.
Item 7. Financial Statements and Exhibits
List below the financial statements, pro forma financial information
and exhibits, if any, filed as part of this report.
(c) Exhibits.
Exhibit 20 - Press release dated October 23, 2000.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HALLIBURTON COMPANY
Date: October 24, 2000 By: /s/ Susan S. Keith
-------------------------------
Susan S. Keith
Vice President and Secretary
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EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
20 Press Release of 5 of 5
October 23, 2000
Incorporated by Reference
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FOR IMMEDIATE RELEASE Contact: Guy T. Marcus
- --------------------- Vice President-Investor Relations
10/23/00 214/978-2691
BROWN & ROOT SERVICES TO DEFEND CIVIL LITIGATION
DALLAS, Texas -- Halliburton Company (NYSE:HAL) stated today that one
of its business units, Brown & Root Services ("BRS"), is a defendant in civil
litigation pending in federal court in Sacramento, California, alleging that it
violated certain provisions of the False Claims Act while performing work for
the U.S. Army at Ft. Ord in California (the "Qui Tam" litigation). This lawsuit
was filed by a former employee in 1997. BRS has denied the allegations and is
preparing to defend itself at trial, which is expected to occur in late 2001.
Halliburton believes that the outcome of this civil litigation will not have a
material adverse impact on it.
Although in 1998 the U.S. Department of Justice declined to join the
Qui Tam litigation, it has now advised BRS that BRS is the target of a federal
grand jury investigation regarding the contract issues raised in the Qui Tam
litigation. In addition, BRS has been served with grand jury subpoenas, which
require the production of certain documents relating to the Ft. Ord contract.
BRS is cooperating in the investigation and believes that it has acted in
accordance with the law and the Ft. Ord contract. At the present, the Department
of Justice has not made any specific allegations against BRS.
Halliburton Company, founded in 1919, is the world's largest provider
of products and services to the petroleum and energy industries. The company
serves its customers with a broad range of products and services through its
Energy Services Group and Engineering and Construction Group business segments.
The company's World Wide Web site can be accessed at http://www.halliburton.com.
NOTE: In accordance with the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995, Halliburton Company cautions that statements in
this press release which are forward looking and which provide other than
historical information involve risks and uncertainties that may impact the
company's actual results of operations. Please see Halliburton's Form 10-Q for
the quarter ended June 30, 2000 for a more complete discussion of such risk
factors.
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