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Vendaval -> "Wal-Mart Board urged to Probe Spy Claims: Financial News" (4/15/2007 1:37:52 AM)
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"Wal-Mart Board Urged to Probe Spy Claims: Financial News"
AP
Wal-Mart Board Urged to Probe Spy Claims
Friday April 13, 6:58 pm ET
By Marcus Kabel, AP Business Writer
Wal-Mart Board Urged to Investigate Claims That Retailer Spied on Shareholders, Suppliers
BENTONVILLE, Ark. (AP) -- Wal-Mart's board of directors should open an independent investigation of claims the retailer spied on shareholders, suppliers and others, a large state investor said Friday.
William Atwood, the executive director of the Illinois State Board of Investment, said Wal-Mart's board could have avoided the surveillance scandal if it had not rebuffed a proposal from a group of large investors in 2005 to name an independent committee to review company policies.
It is the latest call from investors for more information on Wal-Mart's security operations after the public firing last month of an employee for wiretapping and allegations since then by that technician, Bruce Gabbard, that the company had widespread surveillance operations."
http://biz.yahoo.com/ap/070413/wal_mart_eavesdropping.html?.v=3
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