[JURIST] New York City on Monday filed a derivative suit [press release] in Delaware Chancery Court [official website] against Wal-Mart [corporate website] alleging that both officers and board members of the company breached their fiduciary duties to shareholders by improperly handling reports of bribery that occurred in Mexico. The allegations of bribery and the alleged cover up that followed first became an issue in April when the New York Times reported [NYT report] that top management officials at Wal-Marts in...

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