Cobalt receives SEC declination for Angola investigation

Here’s a statement that Cobalt released Wednesday:

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Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) today announced that it has received a termination letter from the United States Securities and Exchange Commission (“SEC”) advising Cobalt that the SEC’s FCPA investigation relating to Cobalt’s operations in Angola has concluded and that the Staff does not intend to recommend any enforcement action by the SEC.… Continue Reading