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Indiana pension fund attorneys to serve as lead co-counsel in Wal-Mart bribery suit

Marilyn Odendahl
September 10, 2012
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The Indiana Electrical Workers Pension Trust Fund has been named as co-lead plaintiff in a lawsuit against the board of directors of retail giant Wal-Mart.

According to attorney Stuart Grant, the Indiana pension fund has not joined the lawsuit but has filed a separate suit against the retailer asking for company books and records regarding the investigation of a bribery scandal.  

Yet, Delaware Chancery Court Judge Leo Strine made the Indiana union co-lead plaintiff because, in his opinion, the Indiana fund is taking the proper strategy in conducting its own review of company documents rather than relying on media reports.

The other co-lead plaintiffs are the California State Teachers Retirement System and the New York City Employees’ Retirement System.

The lawsuits stem from allegations, reported by The New York Times, that Wal-Mart employees bribed Mexican officials to get building permits which helped the company’s growth in the country.

Grant explained the pension funds are not suing Wal-Mart. The funds want to ensure that any fines or criminal liability be born solely by the directors and not by the company because the board of directors appears to have squashed an investigation into the bribery scandal.

“We’re not trying to hurt Wal-Mart,” Grant said.

The IBEW (International Brotherhood of Electrical Workers) has a good relationship with Wal-Mart, he continued, noting the union members shop at the store, are stockholders and want the company to prosper which will, in turn, benefit them.

The federal government is also investigating the bribery incident to see if Wal-Mart violated the U.S. Foreign Corrupt Practices Act of 1977.

In addition, the Indiana fund is suing to force Wal-Mart to turn over internal company reports regarding the investigation into the allegations. According to the Indianapolis Star, the attorneys for the electrical workers received 3,474 documents from the retailer but nearly half were redacted. In a twist, an anonymous informant mailed the plaintiff a slew of papers that the Indiana pension fund lawyers say supports the allegations in the Times’ story.

Whether the Indiana pension fund will join the suit against the board depends on what the internal company documents reveal, Grant said. However, he did indicate there is a strong possibility the IBEW will become a party to the lawsuit.  

“Based on what I’ve seen, it’s ugly for these directors,” he said.

 

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  1. It really doesn't matter what the law IS, if law enforcement refuses to take reports (or take them seriously), if courts refuse to allow unrepresented parties to speak (especially in Small Claims, which is supposedly "informal"). It doesn't matter what the law IS, if constituents are unable to make effective contact or receive any meaningful response from their representatives. Two of our pets were unnecessarily killed; court records reflect that I "abandoned" them. Not so; when I was denied one of them (and my possessions, which by court order I was supposed to be able to remove), I went directly to the court. And earlier, when I tried to have the DV PO extended (it expired while the subject was on probation for violating it), the court denied any extension. The result? Same problems, less than eight hours after expiration. Ironic that the county sheriff was charged (and later pleaded to) with intimidation, but none of his officers seemed interested or capable of taking such a report from a private citizen. When I learned from one officer what I needed to do, I forwarded audio and transcript of one occurrence and my call to law enforcement (before the statute of limitations expired) to the prosecutor's office. I didn't even receive an acknowledgement. Earlier, I'd gone in to the prosecutor's office and been told that the officer's (written) report didn't match what I said occurred. Since I had the audio, I can only say that I have very little faith in Indiana government or law enforcement.

  2. One can only wonder whether Mr. Kimmel was paid for his work by Mr. Burgh ... or whether that bill fell to the citizens of Indiana, many of whom cannot afford attorneys for important matters. It really doesn't take a judge(s) to know that "pavement" can be considered a deadly weapon. It only takes a brain and some education or thought. I'm glad to see the conviction was upheld although sorry to see that the asphalt could even be considered "an issue".

  3. In response to bryanjbrown: thank you for your comment. I am familiar with Paul Ogden (and applaud his assistance to Shirley Justice) and have read of Gary Welsh's (strange) death (and have visited his blog on many occasions). I am not familiar with you (yet). I lived in Kosciusko county, where the sheriff was just removed after pleading in what seems a very "sweetheart" deal. Unfortunately, something NEEDS to change since the attorneys won't (en masse) stand up for ethics (rather making a show to please the "rules" and apparently the judges). I read that many attorneys are underemployed. Seems wisdom would be to cull the herd and get rid of the rotting apples in practice and on the bench, for everyone's sake as well as justice. I'd like to file an attorney complaint, but I have little faith in anything (other than the most flagrant and obvious) resulting in action. My own belief is that if this was medicine, there'd be maimed and injured all over and the carnage caused by "the profession" would be difficult to hide. One can dream ... meanwhile, back to figuring out to file a pro se "motion to dismiss" as well as another court required paper that Indiana is so fond of providing NO resources for (unlike many other states, who don't automatically assume that citizens involved in the court process are scumbags) so that maybe I can get the family law attorney - whose work left me with no settlement, no possessions and resulted in the death of two pets (etc ad nauseum) - to stop abusing the proceedings supplemental and small claims rules and using it as a vehicle for harassment and apparently, amusement.

  4. Been on social security sense sept 2011 2massive strokes open heart surgery and serious ovarian cancer and a blood clot in my lung all in 14 months. Got a letter in may saying that i didn't qualify and it was in form like i just applied ,called social security she said it don't make sense and you are still geting a check in june and i did ,now i get a check from my part D asking for payment for july because there will be no money for my membership, call my prescription coverage part D and confirmed no check will be there.went to social security they didn't want to answer whats going on just said i should of never been on it .no one knows where this letter came from was California im in virginia and been here sense my strokes and vcu filed for my disability i was in the hospital when they did it .It's like it was a error . My ,mothers social security was being handled in that office in California my sister was dealing with it and it had my social security number because she died last year and this letter came out of the same office and it came at the same time i got the letter for my mother benefits for death and they had the same date of being typed just one was on the mail Saturday and one on Monday. . I think it's a mistake and it should been fixed instead there just getting rid of me .i never got a formal letter saying when i was being tsken off.

  5. Employers should not have racially discriminating mind set. It has huge impact on the society what the big players do or don't do in the industry. Background check is conducted just to verify whether information provided by the prospective employee is correct or not. It doesn't have any direct combination with the rejection of the employees. If there is rejection, there should be something effective and full-proof things on the table that may keep the company or the people associated with it in jeopardy.

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