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Wal-Mart bribery probe costs pile up

  • Wal-Mart (WMT) discloses it spent close to $439M over the last two years in connection to an investigation on possible foreign bribes.
  • For the fiscal year ending January 31, 2014, the company coughed up $282M in relation to the matter.
  • Last month, Wal-Mart projected costs of $200M-$240M for FY15 related to the probe.
  • SEC Form 10-K
Comments (2)
  • chopchop0
    , contributor
    Comments (3138) | Send Message
     
    sounds like a non issue. Buying shares when that Mexican scandal broke turned out to be very nice indeed
    27 Mar, 09:13 AM Reply Like
  • Blackbeard
    , contributor
    Comments (96) | Send Message
     
    Nearly half a billion dollars?
    27 Mar, 09:19 AM Reply Like
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