Energy News / Shareholders Foundation, Inc.

NYSE: WMT Investor Alert: Investigation over Possible Claims Against Walmart Inc.

Via: ReleaseWire

Updated 11:15 AM CDT, Wed, July 25,2018

An investigation for investors in Walmart Inc. (NYSE: WMT) shares over potential securities laws violations by Walmart Inc. was announced and NYSE: WMT stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 07/25/2018 -- An investigation was announced over potential securities laws violations by Walmart Inc. and certain of its directors and officers.

Investors who purchased shares of Walmart Inc. (NYSE: WMT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns potential self-dealing after executives may have improperly been awarded excessive bonuses despite their failure to meet performance targets.

Bentonville, AR based Walmart Inc. reported that its Total Revenue rose from over $485.87 billion for the 12 months period that ended on January 31, 2017 to over $500.34 billion for the 12 months period that ended on January 31, 2018 and that its Net Income for those respective time periods declined from over $13.64 billion to over $9.86 billion. Shares of Walmart Inc. (NYSE: WMT) declined from $108.41 per share in early 2018 to as low as $81.78 per share in May 2018.

On July 24, 2018, NYSE: WMT shares closed at $87.96 per share.

Those who purchased shares of Walmart Inc. (NYSE: WMT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyse-wmt-investor-alert-investigation-over-possible-claims-against-walmart-inc-1017225.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com