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U.S. Judge Tells Walmart To Provide Shareholders More Information About Mexico Bribery Allegations

May 20, 2013: 12:00 AM EST
Wal-Mart Stores was ordered by a U.S. judge to turn over more information to shareholders seeking documents on how the retailer responded to bribery allegations involving its business operations in Mexico. First reported in 2012 by The New York Times newspaper, executives at the company's Mexican unit allegedly bribed local government officials to expedite construction of stores and secure business permits. Wal-Mart CEO Mike Duke learned about the bribery incident as early as 2005, according to e-mail released by U.S. lawmakers.
"Wal-Mart ordered to provide more documents", USA Today, May 20, 2013, © The Associated Press/USA Today
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