Comptroller Requests Probe Into Wal-Mart
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New York City’s comptroller has asked the Securities and Exchange Commission and the Justice Department to investigate whether Wal-Mart illegally spied on some of its shareholders.
The request by William Thompson Jr. follows a string of allegations by a fired Wal-Mart security operative that the giant retailer had wide-ranging surveillance operations against employees, critics, suppliers, consultants and shareholders expected to challenge some of the company’s policies at an annual meeting.
Wal-Mart spokesman John Simley declined to comment yesterday on Mr. Thompson’s action.
In a letter faxed to shareholders last week, Wal-Mart denied allegations by the fired operative in the Wall Street Journal that the retailer was targeting shareholders for surveillance.
