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Browse: Home / 2016 / May / 16 / Delaware judge tosses shareholder suit against Walmart directors – The FCPA Blog

Delaware judge tosses shareholder suit against Walmart directors – The FCPA Blog

By Securities Docket on May 16, 2016, 10:21 am

A Delaware judge Friday dismissed a shareholder lawsuit against the directors of Wal-Mart Stores Inc. that alleged the directors failed to conduct a proper investigation into allegations of bribery in Mexico.

Chancery Court Judge Andre Bouchard said the shareholders had already lost a federal lawsuit in Arkansas on the same claims.

via Delaware judge tosses shareholder suit against Walmart directors – The FCPA Blog

Posted in Class Actions, Top | Tagged Delaware

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