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Walmart Bribery Scandal

Walmart Is Footing One Huge Legal Bill

Reuters | Posted 02.03.2014 | Business

By Aruna Viswanatha WASHINGTON, Dec 4 (Reuters) - Wal-Mart Stores Inc is paying for lawyers to represent more than 30 of its executive...

Report: Walmart CEO Knew Of Bribery Allegations YEARS Ago

Reuters | Posted 03.12.2013 | Business

WASHINGTON/CHICAGO (Reuters) - Lawmakers on Thursday released emails that appeared to show Wal-Mart Chief Executive Mike Duke knew as far back as 2005...

SHAKE UP

Reuters | Posted 12.25.2012 | Business

* Creates new position of global chief compliance officer * Changes come amid bribery investigation in Mexico * Centrali...

Barclays Facing More Lawsuits, Investigation

The Huffington Post | Jillian Berman | Posted 07.27.2012 | Business

Thing One: Barclays' Bad News: Barclays just can’t seem to escape that pesky Libor scandal. The bank reported its earnings on Friday and revealed th...

Wal-Mart's Legal Bribery

Peter Dreier | Posted 08.21.2012 | Politics
Peter Dreier

Wal-Mart's single-minded goal in the United States is the same as it is in Mexico: open more stores and generate more revenue -- especially in urban areas, the company's next frontier. But it hasn't been easy.

Walmart Bribery Review Focusing On Brazil, China, India, Mexico, South Africa

Reuters | Posted 08.12.2012 | Business

WASHINGTON, June 12 (Reuters) - Lawyers for Wal-Mart Stores Inc reviewed the company's anti-corruption policies and operations in Brazil and China i...

Major Shareholder To Vote Against Walmart CEO In Wake Of Scandal

Reuters | Posted 07.23.2012 | Business

By Jessica Wohl May 23 (Reuters) - CalPERS, the biggest U.S. public pension fund, said on Wednesday it plans to vote against nine Wal-...

America's Second Largest Pension Fund To Vote Against Walmart Board

Reuters | Posted 07.22.2012 | Business

* CalSTRS to vote against all Wal-Mart board members * Proxy firms advise votes against CEO, others * Wal-Mart shares hi...

Lawmakers Frustrated By Lack Of Cooperation In Bribery Probe

Reuters | Posted 07.21.2012 | Business

* Wal-Mart briefed panel on compliance program * Cummings, Waxman want information on bribery allegations By Aruna Viswa...

Employee Petition Has Thousands Of Signatures Demanding CEO Step Down

Reuters | Posted 06.27.2012 | Business

By Brad Dorfman April 27 (Reuters) - A deli manager at a Walmart store has started an online petition calling for the resignations of ...

Ben Hallman

Loophole In Bribery Law Leads To Confusion, Abuse

HuffingtonPost.com | Ben Hallman | Posted 04.26.2012 | Business

A loophole in a U.S. anti-bribery law, the same law that Walmart's Mexico subsidiary reportedly violated again and again, actually allows companies to...

Mexico City Mayor: 'We'll Have To Act' If Walmart Allegations Prove True

Reuters | Posted 06.26.2012 | Business

MEXICO CITY, April 26 (Reuters) - Mexico City's mayor, Marcelo Ebrard, said on Thursday authorities in the capital would investigate allegations "st...

Shareholder Sues Over Bribery Allegations

Reuters | Posted 06.25.2012 | Business

WILMINGTON, Del, April 25 (Reuters) - A shareholder sued the board and several officers of Wal-Mart Stores Inc on Wednesday over allegations that th...

Walmart Executive Resigns From MetLife Board Amid Scandal

Posted 04.24.2012 | Business

The former CEO of Walmart de Mexico has resigned from the board of directors of a major life insurance company amid claims that Walmart de Mexico syst...