Wal-Mart, Mexican Unit Get Shareholder Bribery Suit Tossed

By Jack Newsham ( February 27, 2017, 3:33 PM EST) -- Wal-Mart Stores Inc. beat back a lawsuit from shareholders who accused the retail giant of breaking securities laws by turning a blind eye to bribery and corruption at its Mexican subsidiary, with a New York federal judge concluding Monday that the allegations came too late or failed to show deceptive intent....

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