date:May 29, 2014
issue since November 2011, when the company disclosed possible violations in Mexico to the Justice Department and Securities and Exchange Commission. The New York Times reported in 2012 that the retailer paid $24 million in alleged bribes in Mexico. That year, the retailer announced that the probe had expanded to other countries, including China, India and Brazil.
Board Recommendations
ISSs latest call for more information is similar to the request it made before the 2013 shareholder meeting.