U.S. judge dismisses bribery claim against Walmart

Fox News – Walmart Stores Inc. won the dismissal of a U.S. lawsuit accusing the world’s largest retailer of defrauding shareholders in its Walmart de Mexico unit by concealing its suspected bribery of public officials in Mexico. U.S. District Judge Katherine Polk Failla said holders of Wal-Mex’s American depository shares cannot pursue claims that Wal-Mex’s former Chairman Ernesto Vega and Chief Executive Scot Rank knew or were reckless in not knowing about the bribery allegations.


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