Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Wal-Mart Board Said to Hire Cahill Gordin in Bribes Probe

April 24 (Bloomberg) -- The audit committee of Wal-Mart Stores Inc.’s board has hired New York law firm Cahill, Gordon & Reindel LLP as legal counsel in its probe of bribery allegations, said a person familiar with the matter.

Wal-Mart, the world’s largest retailer, said on April 21 that it has been investigating an alleged bribery scheme that occurred in Mexico. The audit committee has retained the firm to assist in investigating the allegations, said the person, who asked not to be named because the hiring was private. The committee started the investigation six months ago, Wal-Mart said.

To contact the reporter on this story: David Welch in Detroit at dwelch12@bloomberg.net

To contact the editor responsible for this story: Robin Ajello at rajello@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.