Nabors Industries the subject of an SEC probe concerning executive perks

I have previously posted on the $100 million payout to the outgoing CEO of Nabors Industries, Ltd. and the possible challenges to it by shareholders under the business judgment rule doctrine.


Now the  the oil-drilling contractor is the subject of Securities and Exchange Commission investigation looking into perks received by its executives, including personal flights on company jets.

http://online.wsj.com/article/SB10001424052970204358004577030064034294178.html?mod=googlenews_wsj