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Latest Business News

Roehm: Wal-Mart CEO Broke Ethics Policy

Friday, May 25, 2007 6:38:49 PM
By ANNE D'INNOCENZIO

NEW YORK (AP) - Wal-Mart chief executive Lee Scott violated the company's ethics policy and accepted trips and received discounts on yachts and jewelry from a vendor, according to documents filed by a marketing executive fired by Wal-Mart in December.

In her latest court filing aimed at the world's largest retailer, former marketing executive Julie Roehm also attacked other senior executives for accepting trips, concert tickets and other gifts from vendors.

Roehm is suing the company over her firing, and challenging Wal-Mart's charges that she accepted gifts from vendors and had an affair with a subordinate.


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