(Reuters) - The California State Teachers' Retirement System (CalSTRS), which currently holds over 5.5 million shares of Wal-Mart Stores, will maintain its exposure to the retail giant hit by bribery allegations "until we find out what happens," CalSTRS' director of corporate governance said on Monday. Anne Sheehan said in a telephone interview: "Allegations like this are very serious and we expect the company with the board involved and proper board oversight to get to the bottom of these allegations as quickly as possible. ...
CalSTRS says holding onto Wal-Mart shares for now
Mon, 23 Apr 2012 20:16:01 GMT
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