Pension Fund Sues Walmart Directors Over Mexican Bribery
Suit: Directors, execs should compensate firm for 'gross misconduct'
Posted May 4, 2012 3:48 AM CDT
A major Walmart shareholder is suing current and former directors and execs on the company's behalf over the Mexican bribery scandal. The California State Teachers' Retirement System —America's second-largest public pension fund—wants the directors and executives responsible for Walmart's Mexican...
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