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U.S. Foreign Corrupt Practices Act (FCPA)

Walmart reaches agreements with DOJ and SEC

Walmart reaches agreements with DOJ and SEC

BENTONVILLE, Ark. — Walmart agreed to pay $282 million to settle federal allegations of overseas corruption, capping one of the biggest investigations ever under the Foreign Corrupt Practices Act, which makes it illegal for American corporations to bribe overseas officials. The company said Thursday it had entered into a global settlement with the U.S. Department