Cobalt sinks as SEC probe heats up

New York-listed Cobalt International Energy fell nearly 11% in trading on Tuesday after it revealed that federal US regulators may take enforcement actions against the company for alleged corruption acts in Angola.

Investigation: SEC keeps close eye on Cobalt
Investigation: SEC keeps close eye on Cobalt
Published 5 August 2014, 21:29Updated 11 October 2016, 16:23