Ex Wal-Mart Executive to Plead Guilty: Report

Law360, New York (January 9, 2006, 12:00 AM EST) -- Former Wal-Mart vice chairman Thomas Coughlin has decided to plead guilty to wire fraud and tax evasion charges, according to a published report.

Coughlin, the tarnished no. 2 executive at the nation’s largest retailer, is expected to enter a guilty plea when he appears later this month in U.S. District Court for the Western District of Arkansas, the Wall Street Journal reported Friday in its online edition.

The latest development comes only months after former Wal-Mart Vice President Robert Hey, who answered directly to Coughlin, pled...
To view the full article, register now.