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Harry Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Richard L. Cassin Editor at Large

Elizabeth K. Spahn Editor Emeritus 

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Walmart (161)

Wednesday
Jul172019

How Walmart outgrew its compliance program

Despite well-documented missteps in Germany and South Korea, the late 2000s were a dynamic time for Walmart’s expansion efforts worldwide. Beginning with forays into Canada, Mexico and the UK in the mid-90s, by 2015 Walmart International had become an empire unto itself, operating in 26 countries and accounting for over a quarter of the retail giant’s net sales.

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Tuesday
Jul022019

Walmart compliance honcho nominated to federal bench

The Senior Director for Global Anti-Corruption Compliance at Walmart Inc. was nominated by President Trump Monday to serve as a judge on the U.S. District Court for the Eastern District of Arkansas.

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Thursday
Jun202019

Walmart pays $282 million for FCPA resolution

Walmart Inc. agreed Thursday to pay the DOJ and SEC $282 million to settle allegations that it violated the Foreign Corrupt Practices by paying an intermediary in Brazil for help obtaining construction permits and having weak anti-corruption internal controls in Brazil, China, India, and Mexico.

 

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Monday
May062019

Walmart pays audit committee board members extra for FCPA investigation

Walmart Inc. said in an SEC filing that it's paying the chair of its audit committee $90,000 in extra compensation because of the workload created by the company's ongoing FCPA investigation.

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Monday
Jun182018

Did Theranos forever ruin the fake it till you make it model? Let's hope so

Elizabeth Holmes of TheranosThe DOJ Friday charged the founder of Theranos Inc. and the company's former chief operating officer with defrauding investors, doctors, and patients with phony claims about supposedly disruptive blood-testing technology.

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Thursday
Dec142017

Jessica Tillipman: The most important FCPA case of all time is . . . 

The FCPA Blog's post Wednesday about important cases mentioned Telia, Siemens, TSKJ, The Africa Sting, and U.S. v. Kay. For the reasons set out in the post, those are all good candidates. But for me, hands down, the most important case is Siemens.

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Thursday
Nov162017

Walmart reserves $283 million for FCPA settlement

Wal-Mart Stores, Inc. said in an SEC filing Thursday that it has set aside $283 million for a possible FCPA resolution with the DOJ and SEC.

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Monday
Aug212017

ISO 37001: Coalition for Integrity’s recommendations for companies considering certification

An aspect of ISO 37001 that makes it such a big topic is that it is marketed as a standard that can be audited and certified.

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Tuesday
Jul182017

Diana Trevley: Five tips for surviving an ISO 37001 Anti-Bribery Certification audit

Last week CPA Global, an IP technology leader, became one of the first companies to obtain ISO 37001-Anti-Bribery Management Systems certification.

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Monday
May082017

MacMurray and Lazzarini: Why ISO 37001 is the next big thing

The ISO 9001 Quality Management System has been a spectacular success, with over 1.3 million organizations certified around the world since the standard's 1987 introduction.

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Thursday
Jan192017

Tom Fox: Three enforcement weeks to remember

Jay Rosen wondered in December if companies would be more inclined to resolve outstanding enforcement actions under the outgoing Obama administration or wait to see what might happen under a Trump administration. The answer is now clear.

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Thursday
Sep082016

Supply Chain Woes: Did Welspun pull a bait and switch on Target, Walmart, and others?

Sometimes your supply chain will deliver an old-fashioned, pre-database, non-FCPA related integrity issue: the old bait and switch.

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