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Bloomberg Report Suggests $300 Million Wal-Mart FCPA Enforcement Action


Against the backdrop of certain commentators using the “b” word (as in billions), I predicted from the start that Wal-Mart’s Foreign Corrupt Practices Act enforcement action was unlikely to be a top five FCPA settlement amount of all-time.

Bloomberg reports: “Wal-Mart is preparing to pay roughly $300 million to resolve a long-running U.S. investigation into allegations of bribery by its employees, according to people familiar with the matter.”

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