• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura 480x60
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2012 / July / 17 / Judge in no rush to hear Wal-Mart bribery lawsuit

Judge in no rush to hear Wal-Mart bribery lawsuit

By Securities Docket on July 17, 2012, 1:20 pm

A Delaware judge scolded attorneys for two large public employee retirement systems on Monday for rushing to court with lawsuits over allegations of bribery involving Wal-Mart Stores’ operations in Mexico.

Chancellor Leo Strine Jr. denied competing motions from the California State Teachers Retirement System, or CalSTRS, and a group of New York City pension funds seeking appointments as lead plaintiff with lead counsel in a consolidated shareholder lawsuit alleging that Wal-Mart officials breached their fiduciary duties by allowing and covering up the alleged bribery.

via Judge in no rush to hear Wal-Mart bribery lawsuit – USA TODAY

Blog Widget by LinkWithin

Posted in Class Actions, Top | Tagged Bribery, Wal-Mart

« Previous Next »

‘Enforcement 40’ for 2020

Ankura 260x250

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2021 Securities Docket.

Powered by WordPress and Hybrid.