A federal judge on Thursday ordered Wal-Mart Stores Inc Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world’s largest retailer in Mexico.
U.S. District Judge Susan Hickey in Fayetteville, Arkansas, said McMillon’s “direct and personal involvement” in matters underlying a class-action lawsuit justified requiring him to sit for a deposition by the shareholders’ lawyers.
The Bentonville, Arkansas-based retailer had argued that McMillon lacked the “unique or special knowledge” to justify burdening him with a deposition.
This article has been summarised, the full original article can be found at reuters.com
May 12, 2017 at 06:12PM
from Ysa Deveza
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