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Violation Tracker Individual Record

Company: Walmart Inc.
Current Parent Company: Walmart
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $137,000,000
Year: 2019
Date: June 20, 2019
Offense Group: competition-related offenses
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 Current Parent: USA
HQ State of Current Parent: Arkansas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-discount stores
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.