Content about Foreign Corrupt Practices Act

February 28, 2013

Shopping center operator Kimco Realty Corp. has received a subpoena in an investigation over possible violations of the Foreign Corrupt Practices Act (FCPA) by Wal-Mart Stores, Reuters reported.

New York -- Shopping center operator Kimco Realty Corp. has received a subpoena in an investigation over possible violations of the Foreign Corrupt Practices Act (FCPA) by Wal-Mart Stores, Reuters reported.

In a filing with the Securities and Exchange Commission (SEC), the Kimco said it had received the subpoena on Jan. 28 from the SEC’s Enforcement Division. Kimco said it would fully cooperate with the SEC, and that the Department of Justice was conducting a "parallel investigation" with the SEC, according to the report.

November 16, 2012

Wal-Mart Stores reported in a regulatory filing that its investigation into violations of the Foreign Corrupt Practices Act, a federal antibribery law, has extended beyond Mexico to China, India and Brazil.

New York -- Wal-Mart Stores reported in a regulatory filing that its investigation into violations of the Foreign Corrupt Practices Act, a federal antibribery law, has extended beyond Mexico to China, India and Brazil.  

April 24, 2012

In response to the New York Times article about compliance with the U.S. Foreign Corrupt Practices Act, Wal-Mart VP corporate communications, David Tovar on Tuesday made the following statement:

Bentonville, Ark. -- In response to the New York Times article about compliance with the U.S. Foreign Corrupt Practices Act, Wal-Mart VP corporate communications, David Tovar on Tuesday made the following statement: