Wal-Mart said Thursday it spent $73 million on FCPA-related expenses during the first quarter of 2013. It had budgeted $40 million to $45 million.
Entries in Walmart (62)
After a brief end-of-the-semester hiatus we’re picking back up our series on Wal-Mart’s victims. And we’re less than half-way through.
Thursday’s landmark Supreme Court decision in Kiobel v. Royal Dutch Petroleum has more relevance to the FCPA and Wal-Mart than you might think.
David Barstow and Alejandra Xanic von Bertrab of the New York Times were awarded the Pulitzer Prize Monday for their investigation of Wal-Mart's alleged bribery in Mexico and the cover up that followed.
It’s probably fair to say that the corporate poster child of FCPA enforcement, right now, is Siemens. But that’s about to change.
Wal-Mart said in its annual report filed with the SEC Tuesday that because of uncertain outcomes of U.S. and foreign government bribery investigations and civil suits filed by shareholders, it 'can provide no assurance that these matters will not be material' to its business in the future.
Anheuser-Busch InBev said this week the SEC is investigating its India joint venture for possible FCPA violations.