Kendall Law Group Investigates Wal-Mart Stores, Inc.

Wal-Mart Stores, Inc announced that Kendall Law Group, a national securities firm led by a former federal judge with attorneys that include a former U.S. Attorney, is investigating Wal-Mart Stores Inc. The investigation concerns violations of the Foreign Corrupt Practices Act by certain officers and directors of the Company. Wal-Mart de Mexico’s leaders were not disciplined and according to the Times, Wal-Mart informed the U.S. Department of Justice of an internal investigation into possible violations of the Foreign Corrupt Practices Act in December of 2011, only after learning of the Times’ reporting in Mexico. Additionally, the Times reported that several current members of Wal-Mart’s senior management, including Michael T. Duke, Wal-Mart’s current chief executive, were informed of the potential violations.