Defendant Name:
Walmart Inc.
Defendant Type:
Public Company
SIC Code:
5331
CUSIP:
93114210
Document Reference:
34-86159
Document Details
Legal Case Name
In the Matter of Walmart Inc.
Document Name
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
Document Date
20-Jun-2019
Document Format
Administrative Proceeding
AAER
4054
Allegation Type
Foreign Corrupt Practices Act
Document Summary
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."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Compliance Related Undertaking
"Respondent acknowledges that the Commission is not imposing a civil penalty based upon Walmart’s payment of a $137,955,249 monetary fine as part of Walmart’s resolution with the United States Department of Justice."
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Disgorgement
Individual:
$119,647,735.00
Shared:
Pre-Judgment Interest
Individual:
$25,043,437.00
Shared:
Total Penalty
Individual:
$144,691,172.00
Shared:
