Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Walmart said in its latest SEC filing that FCPA and compliance-related costs for the first six months of its fiscal year (from February 1, 2014) fell to $96 million from $155 million a year ago.… Continue Reading
The veil of secrecy that the “old” Walmart drew over bribery allegations in Mexico since 2005 is falling apart. One reason is because the “new” Walmart has taken robust compliance initiatives and is more transparent.… 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
Here’s the full FCPA disclosure from the Form 10Q/A filed by Wal-Mart Stores, Inc. with the SEC on October 21:
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The Audit Committee (the “Audit Committee”) of the Board of Directors of the Company, which is composed solely of independent directors, is conducting an internal investigation into, among other things, alleged violations of the U.S.… Continue Reading
In its quarterly SEC filing Thursday, Wal-Mart again said it is investigating both alleged FCPA offenses in foreign subsidiaries and ‘whether prior allegations of such violations and/or misconduct were appropriately handled.’… Continue Reading
