Government,
Criminal,
Corporate,
Administrative/Regulatory
Jun. 21, 2019
Walmart settles bribery charges for $282M
Walmart Inc, will pay more than $282 million to settle charges the global retail giant bribed government officials in Mexico, India, Brazil and China to fast-track construction of new stores, the U.S. Securities and Exchange Commission said Thursday.
Walmart Inc, will pay more than $282 million to settle charges the global retail giant bribed government officials in Mexico, India, Brazil and China to fast-track construction of new stores, the U.S. Securities and Exchange Commission said Thursday.
According to an SEC order, Walmart violated the Foreign Corrupt Practices Act by failing to investigate or mitigate Walmart subsidiaries from using third-party consultants to pay off go...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In