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Bloomberg reports that the Delaware Supreme Court has given Walmart shareholders "a second chance ... to pursue their claims that it is unfair to throw out their lawsuit over an alleged bribery scheme at the company’s Mexican subsidiary." A lower court "dismissed the case based on a legal doctrine that bars litigation of claims that have already been litigated elsewhere."

In Delaware, however, the Supreme Court "asked the Delaware Chancery Court to take another look at the shareholders’ claims, saying the 'importance of the Due Process issue merits closer examination'."

The story notes that "Wal-Mart is facing several investor lawsuits in the wake of news about probes by U.S. authorities into whether it bribed government officials in markets from Mexico to India and China. The company could be facing more than $600 million in fines to resolve the investigations, according to Bloomberg News."
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