Violation Tracker Individual Record

Company: 
Walmart Inc.
Current Parent Company: 
Walmart
Penalty: 
$137,000,000
Year: 
2019
Date: 
June 20, 2019
Primary Offense: 
Foreign Corrupt Practices Act
Violation Description: 

Walmart Inc. and its wholly owned Brazilian subsidiary, WMT Brasilia S.a.r.l., agreed to pay a combined criminal penalty of $137 million to resolve an investigation into violations of the Foreign Corrupt Practices Act. WMT Brasilia pleaded guilty while its parent company was offered a non-prosecution agreement. The SEC brought a parallel civil case on the same issue; see separate Violation Tracker entry.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Criminal Division
Civil or Criminal Case: 
criminal
Prosecution Agreement: 
non-prosecution agreement and plea
HQ Country of Parent: 
USA
HQ State of Parent: 
Arkansas
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-discount stores
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.