Friday, July 27, 2012
U.S. Weighs Retail Sweep After Wal-Mart Bribery Scandal
U.S. authorities are considering launching a wide-ranging examination of the retail industry for violations of an anti-foreign bribery law, after Wal-Mart and other retailers have come forth with their own potential offenses, people familiar with the matter said.
Retailers have been reviewing their international operations in light of a bribery scandal at Wal-Mart Stores Inc's (WMT.N) operations in Mexico that is the subject of investigations by the Justice Department and the Securities and Exchange Commission.
at 7/27/2012 10:30:00 PM