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Stockreport

Walmart must pay nearly $35M to truck driver after accusing him of fraud, firing him [FOX Business Network]

Walmart Inc. (WMT)  More Company Research Source: FOX Business Network
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Walmart is being ordered to pay a former truck driver nearly $35 million after a jury determined it falsely accused him of committing fraud before firing him, according to court documents and several reports. Jesus "Jesse" Fonseca — a former Walmart truck driver for 14 years — was awarded $25 million in punitive damages, plus $9.7 million for lost wages and benefits and non-economic harm by a San Bernardino County jury this week, according to court documents and a tweet from one of his lawyers, David deRubertis of The deRubertis Law Firm. The jury awarded the former employee after determining that Fonseca did not violate Walmart's integrity policy under its statement of ethics, one of his attorneys told CBS. "We showed at trial that Jesse did not violate any policy — let alone, an 'integrity' policy," deRubertis tweeted. However, Walmart called the verdict "outrageous" and plans to continue fighting this case. The verdict "simply does not reflect the straightforward and uncon [Read more]
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Stockreport

Walmart must pay nearly $35M to truck driver after accusing him of fraud, firing him [FOX Business Network]

Walmart Inc.  (WMT) 
More Company Research Source: FOX Business Network
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Walmart is being ordered to pay a former truck driver nearly $35 million after a jury determined it falsely accused him of committing fraud before firing him, according to court documents and several reports. Jesus "Jesse" Fonseca — a former Walmart truck driver for 14 years — was awarded $25 million in punitive damages, plus $9.7 million for lost wages and benefits and non-economic harm by a San Bernardino County jury this week, according to court documents and a tweet from one of his lawyers, David deRubertis of The deRubertis Law Firm. The jury awarded the former employee after determining that Fonseca did not violate Walmart's integrity policy under its statement of ethics, one of his attorneys told CBS. "We showed at trial that Jesse did not violate any policy — let alone, an 'integrity' policy," deRubertis tweeted. However, Walmart called the verdict "outrageous" and plans to continue fighting this case. The verdict "simply does not reflect the straightforward and uncon [Read more]
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WMT
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