Wal-Mart Urges Chancery To Toss Alleged Bribery Plot Claims

Law360, Wilmington (November 12, 2015, 10:05 PM EST) -- Wal-Mart urged the Delaware Chancery Court on Thursday to throw out derivative claims targeting an alleged bribery campaign by its Mexican affiliate, arguing the same claims have already been nixed by the federal court in Arkansas, but suing shareholders pushed back claiming they weren't adequately represented in that case.

During a hearing in Wilmington, Wal-Mart attorney Theodore J. Boutrous Jr. of Gibson Dunn & Crutcher LLP argued that the U.S. District Court for the Western District of Arkansas had already thrown out substantially the same claims in April, ruling suing shareholders had not shown they couldn't have first made a demand...

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!