Tuesday, June 26, 2007

NY seeks Wal-Mart records on alleged surveillance

(Reuters) - The comptroller, who is the investment advisor for New York City's pension funds, said he wants to inspect and copy all books and records referring to the proponent of any shareholder proposal submitted to Wal-Mart between 2002 and the present.




As noted in Thompson's letter, news of the alleged surveillance was first reported on April 4 by the Wall Street Journal. On April 20, Wal-Mart sent shareholders a letter saying it had conducted a "lengthy internal investigation" and denied the surveillance had occurred, Thompson recounted.


Read more at Reuters.com Business News

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