Walmart to Pay $282M to Settle Charges of Corruption at Its Foreign Subsidiaries

Walmart closes health centers

Walmart, the country’s largest retailer, on Thursday agreed to pay $282 million to settle federal criminal and civil charges that it ignored evidence of internal corruption for years that helped fuel its massive overseas expansion. The company acknowledged wrongdoing as part of the settlements with the Justice Department and the Securities and Exchange Commission. The… Continue reading Walmart to Pay $282M to Settle Charges of Corruption at Its Foreign Subsidiaries