My thanks to Professor Andy Spalding and his students from the University of Richmond School of Law for undertaking the Rio 2016 project and executing it with dedication and enthusiasm. I hope it becomes a model for law students around the globe.… Continue Reading
Posts Tagged: Pulitzer Prize
The Delaware Supreme Court Wednesday affirmed a lower court order for Walmart to turn over files and documents from an internal FCPA investigation to plaintiffs in a civil shareholder suit.
Walmart had appealed an order last year by Delaware’s Chancery Court, arguing the materials requested by the plaintiffs were protected by attorney-client privilege.… Continue Reading
Walmart argued Thursday to the Delaware Supreme Court that shareholders aren’t entitled to internal documents from an FCPA investigation that might show what executives and directors knew about alleged bribes paid to officials in Mexico.… Continue Reading
Walmart Stores Inc. said in its Form 10-Q filed with the SEC on June 6 that it cut FCPA investigations and compliance-related costs for the quarter ended April 30 by $20 million year-over-year.… Continue Reading
The Pulitzer-prize winning NY Times reporter David Barstow famously wrote in 2012 that Walmart was an “aggressive and creative corrupter, offering large payoffs to get what the law otherwise prohibited. It used bribes to subvert democratic governance — public votes, open debates, transparent procedures.… Continue Reading
Wal-Mart Stores, Inc. said in an earnings release Thursday that it expects to spend between $200 million and $240 million on FCPA-related matters and compliance for fiscal 2015.
The world’s largest retailer has already spent more than $300 million on FCPA and compliance related matters.… Continue Reading
David Barstow of the New York Times described to Democracy Now how Wal-Mart de Mexico allegedly used massive corruption to win approvals for new stores, and how top executives at Wal-Mart’s headquarters in Bentonville, Arkansas learned about the brazen graft but covered it up.… Continue Reading
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.… Continue Reading