Defendant Name: Walmart Inc. 

Defendant Type: Public Company
SIC Code: 5331
CUSIP: 93114210

Initial Case Details

Legal Case Name In the Matter of Walmart Inc.
First Document Date 20-Jun-2019
Initial Filing Format Administrative Action
File Number 3-19207
Allegation Type Foreign Corrupt Practices Act
AAER 4054

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 20-Jun-2019
Headline Total Penalty and Disgorgement $144,691,172

Related Documents:

34-86159 20-Jun-2019 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities and Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
The SEC stated: "This matter concerns violations of the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act ("FCPA") by Walmart, a global retailer."
2019-102 20-Jun-2019 Press Release--Administrative Proceeding
Walmart Charged With FCPA Violations
The Commission stated: "The Securities and Exchange Commission today charged Walmart with violating the Foreign Corrupt Practices Act (FCPA) by failing to operate a sufficient anti-corruption compliance program for more than a decade as the retailed experienced rapid international growth."