Miami (July 11, 2002) -- Washington-based Judicial Watch has filed a shareholder lawsuit against Vice President Dick Cheney and Halliburton Co., the oil company he ran for five years, alleging accounting fraud.
The civil suit, filed in federal court in Dallas Wednesday, alleges that the company used fraudulent accounting practices that resulted in the overvaluation of its shares, deceiving investors. The suit claims Halliburton overstated revenues by $445 million from 1999 through the end of 2001, according to an Associated Press report.
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