By DAVID KOENIG, AP Business WriterDALLAS - Halliburton Co. asked a federal judge Tuesday to throw out a lawsuit charging that the company and Vice President Dick Cheney, its former chief executive, misled investors by changing the way it counted revenue from construction projects. ---
Houston-based Halliburton recently agreed to pay $6 million to settle about 20 potential class-action lawsuits that raised the same charges but didn't name Cheney as a defendant.
A Halliburton lawyer, Ronald W. Stevens, said the accounting change was disclosed in SEC filings beginning in 1999 and that Judicial Watch had failed to produce evidence of fraud. ---
After a 90-minute hearing, U.S. District Judge Sam A. Lindsay began considering the Halliburton motion to dismiss the case.
The judge expressed skepticism about some of Judicial Watch's claims, saying that the group was just assuming that Cheney knew details about the accounting change. But he left open the possibility that the group could revise its lawsuit after gathering more evidence of fraud.
A lawyer for Cheney, Steven M. Farina from the Washington office of Williams & Connolly, attended the hearing but did not speak. He declined to comment after the session.
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