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Scrutiny Alerts And Updates

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Ormat Technologies

As highlighted here, earlier this year a “short seller” alleged that Ormat Technologies (a Nevada-based geothermal power company with shares traded on the New York Stock Exchange that owns and operates power plants in Kenya, Guadalupe, Guatemala, Honduras and the United States) was “engaged in what we believe to be widespread and systematic acts of international corruption.”

In its most recent quarterly filing, Ormat stated:

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In Connection With Anticipated Initial Public Offering, Company Discloses FCPA Scrutiny

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Reynolds Group Holdings Limited is a New Zealand based packaging company that is to be converted to a Delaware corporation and renamed Pactiv Evergreen Inc.

Recently it announced its intention to offer approximately 41 million shares in a U.S. initial public offering.

In this Registration Statement, the company disclosed:

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