A Delaware judge Friday dismissed a shareholder lawsuit against the directors of Wal-Mart Stores Inc. that alleged the directors failed to conduct a proper investigation into allegations of bribery in Mexico.
Entries in Shareholder Litigation (7)
Avon Products and lawyers representing investors asked a federal judge in New York Tuesday to approve a $62 million settlement in a securities fraud lawsuit that alleged the company and two former officers failed to disclose problems with company's FCPA compliance in China.
A federal court Monday dismissed a securities fraud lawsuit against Avon Products that alleged the company concealed that it didn't stop bribery in China because doing that would have hurt its business there.
Wal-Mart's expenses for FCPA investigations and its global compliance program were $282 million for the past fiscal year and $157 million for the year before.
Here's what Massachusettss-based gun-maker Smith and Wesson said in its annual report (Form 10-Q) filed with the SEC on December 10:
Here's the latest FCPA disclosure from Massachusetts-based Smith & Wesson from its Form 10-Q filed with the SEC on December 6. We've paragraphed the text for readability:
Chinese companies that listed securities on U.S. stock exchanges have been hit hard by shareholder actions.