Walmart Settlement's Lessons For Avoiding FCPA Prosecution

Law360 (August 27, 2019, 5:23 PM EDT) -- Walmart Inc.'s $282 million settlement to resolve a seven-year Foreign Corrupt Practices Act investigation is only a slap on the wrist for the retail giant with annual profits of more than $7 billion, and far less than the reported government's original $1 billion demand.

With a deferred prosecution agreement for Walmart, the parent company, a severely circumscribed corporate monitor and not a single executive facing prosecution, Walmart emerges the clear winner. This is especially true given that the corporate activities that led to the case provide a perfect lesson in what not to do in the corporate compliance context.

The question...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!