In an SEC filing Tuesday, Weatherford said it agreed to settle without admitting or denying the charges. ... The SEC specifically named James Hudgins, who was Weatherford's vice president of tax, and Darryl Kitay, a tax manager, for making the fraudulent taxation adjustments. Dated: Sep 27, 2016
Source: http://fuelfix.com/blog/2016/09/27/weatherford-to-pay-140-million-fine-for-accounting-fraud/