Judge scolds attorneys for rushing to court over Wal-Mart bribery allegations in Mexico

New York -- A judge in Delaware on Monday denied requests from the California State Teachers Retirement System and a group of New York City pension funds to seek appointments of lead plaintiff and lead counsel in a consolidated shareholder lawsuit over allegations of bribery involving Wal-Mart Stores’ operations in Mexico, the Associated Press reported.

The judge said the attorneys seemed more interested in filing sloppy complaints based on media reports, rather than demanding corporate records from Wal-Mart and taking time to investigate, the report said.

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