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Browse: Home / 2012 / April / 26 / With Wal-Mart Bribery Case, More Attention on a Law

With Wal-Mart Bribery Case, More Attention on a Law

By Securities Docket on April 26, 2012, 1:08 pm

The prominent case is likely to lead to more disclosures, said Paul Pelletier, a former Justice Department prosecutor who worked on Foreign Corrupt Practices Act investigations.

“The impact could be huge,” Mr. Pelletier said. “Wal-Mart’s having lost billions in market capitalization over these last few days is going to make companies in close cases more likely to err on the side of promptly self-reporting” when they uncover evidence of possible overseas bribery….

via With Wal-Mart Bribery Case, More Attention on a Law – NYTimes.com

Posted in Criminal, SEC, Top | Tagged FCPA, Wal-Mart

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