Wal-Mart Told by Court to Turn Over Bribery Probe Files
This article is for subscribers only.
Wal-Mart Stores Inc. must hand over to investors internal documents about what directors and executives knew of alleged bribes tied to Mexican real-estate deals, the Delaware Supreme Court ruled.
The court today upheld a lower-court decision in favor of pension funds seeking the files to buttress lawsuits against Wal-Mart directors over the scandal. The funds sought officer-level documents and information about the company’s internal probe of the allegations.