Defendant Name: Walmart Inc. 

Defendant Type: Public Company

Document Reference: 2019-102

Document Details

Legal Case Name In the Matter of Walmart Inc.
Document Name Walmart Charged With FCPA Violations
Document Date 20-Jun-2019
Document Format Administrative Proceeding
File Number 3-19207
AAER 4054
Allegation Type Foreign Corrupt Practices Act
Document Summary 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."

Disgorgement & Penalty Information

None Specified
Monetary Penalties:

Total Penalty

Individual:     $144,000,000.00 Shared:    

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."