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• Derivative_action_lawsuit Breach of Fiduciary Duty Teachers’ Fund Lawyers-Up Against Walmart Brass By Steven Mikulan The Frying Pan The California State Teachers’ Retirement System (CalSTRS) filed a lawsuit last week against current and former members of Walmart’s board of directors, and other company officers, charging them with gross violation of fiduciary duty in connection with the company’s Mexican bribery scandal. That scandal, extensively examined by a recent New York Times feature, revealed a corporation so eager to expand its Mexican operations that it ignored findings by its own investigators sent to look into the allegations

Derivative_action_lawsuit Breach of Fiduciary Duty Teachers’ Fund Lawyers-Up Against Walmart Brass By Steven Mikulan The Frying Pan The California State Teachers’ Retirement System (CalSTRS) filed a lawsuit last week against current and former members of Walmart’s board of directors, and other company officers, charging them with gross violation of fiduciary duty in connection with the company’s Mexican bribery scandal. That scandal, extensively examined by a recent New York Times feature, revealed a corporation so eager to expand its Mexican operations that it ignored findings by its own investigators sent to look into the allegations

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