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.
