September 20, 2016
An Arkansas federal judge Tuesday certified a class of investors in a suit alleging Wal-Mart Stores Inc. covered up the extent of possible bribery of Mexican officials while also approving Robbins Geller Rudman & Dowd LLP as class counsel, according to a court filing.
November 25, 2015
Wal-Mart Stores Inc. urged an Arkansas federal judge Tuesday not to certify a class of investors in a shareholder suit claiming it concealed the extent of the company's possible bribery of Mexican officials.
November 04, 2015
A pension fund suing Wal-Mart for allegedly concealing the extent of the company's possible bribery of Mexican officials on Tuesday urged a Michigan federal court to certify a proposed class action, saying the case is ideal for certification because of the far-reaching common issues for investors.
September 29, 2014
An Arkansas federal judge on Friday denied a bid from Wal-Mart Stores Inc. and its former CEO to dismiss a proposed class action alleging the retailer concealed Mexican bribery allegations from shareholders, ruling claims that Wal-Mart intentionally withheld the information from a regulatory filing are "plausible."
May 09, 2014
Wal-Mart Stores Inc. and its CEO should face a putative shareholder class action over an alleged cover-up of bribery in Mexico, a U.S. magistrate judge said Thursday after finding the claim against the world's largest retailer did not warrant outright dismissal.