5 Lessons From The Wal-Mart FCPA Scandal

Law360, New York (April 18, 2013, 7:18 PM EDT) -- In April 2012, a Foreign Corrupt Practices Act scandal engulfed Wal-Mart Stores Inc. One year later, attorneys reflect on the lessons learned from the incident.

The scandal emerged April 21, 2012, when the New York Times reported that Eduardo Castro-Wright, a former executive at Wal-Mart's Mexican unit, had orchestrated millions of dollars in bribes to facilitate the breakneck expansion of the retailer's operations in the country, which is now home to about 20 percent of its stores. The report cited more than $24 million in suspicious...
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