Wal-Mart Stores Lawsuit Announced by Gilman Law LLP on Behalf of Wal-Mart Investors and Wal-Mart Shareholders
(firmenpresse) - BOSTON, MA -- (Marketwire) -- 05/03/12 -- The Leading National Securities Law Firm announces that a has commenced in the United States District Court for the Western District of Arkansas against Wal-Mart Stores, Inc. (NYSE: WMT) (Case 12-4046). The complaint alleges the Directors of Wal-Mart Stores breached their fiduciary duties by violating the Foreign Corrupt Practices Act and engaging in a six-year-long cover-up of a massive bribery scheme concerning Wal-Mart's expansion in Mexico. , the Department of Justice and the U.S. Securities and Exchange Commission disclosed it was investigating whether Wal-Mart paid in excess of $24 million in a bribery campaign to facilitate rapid growth in Mexico. The complaint further alleges that the Directors of Wal-Mart Stores cost the shareholders millions of dollars as a result of this alleged bribery scandal.
Wal-Mart Investors who purchased or otherwise acquired shares of Wal-Mart Stores common stock and still hold those shares are encouraged to contact the shareholders rights attorneys at Gilman Law LLP to discuss their rights. Wal-Mart Investors may contact Gilman Law LLP or by email at for a Free Evaluation of your case. Investors may also visit our website to learn more about the to complete our free consultation form online.
The have over 33 years of experience in securities law and have been involved in all major aspects of securities litigation. Our securities lawyers focus on cases involving stock manipulation, securities fraud, investments fraud, shareholder rights violations, and securities arbitration.
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Gilman Law LLP
Boston, MA
Kenneth G. Gilman
(888) 252-0048
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Datum: 03.05.2012 - 13:24 Uhr
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