Overview

Practice Area: Securities Fraud & Investor Protection

Case Status: Pending

Ticker Symbol: NASDAQ: WMT

National plaintiffs’ law firm Berger Montague PC advises shareholders of Walmart Inc. (NASDAQ: WMT) (“Walmart” or the “Company”) about an investigation into Walmart’s Board of Directors (the “Board”) for potential breaches of fiduciary duties owed to the Company and its shareholders regarding whether the Board failed to exercise appropriate oversight and governance in connection with deceptive pay practices for Spark drivers, including base pay, tips, and incentive payments.

Shareholders of Walmart may learn more about this investigation by contacting Berger Montague: Radha Raghavan at rraghavan@bergermontague.com or (215) 875-4698, or Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015.

Walmart is a multinational retail corporation headquartered in Bentonville, Ark., that operates a chain of hypermarkets, discount department stores, and grocery stores, providing a wide range of consumer goods, e-commerce services, and supply chain solutions through its global retail and digital platforms.

About Berger Montague

Berger Montague is one of the nation’s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.

For more information or to discuss your rights, please contact:

Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com

Radha Raghavan, Associate
Berger Montague
(215) 875-4698
rraghavan@bergermontague.com

 

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Caitlin Adorni
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Director of Portfolio and Institutional Client Monitoring Services

Berger Montague PC Investigates Walmart Inc.’s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WMT) FAQs

What is this investigation about?

Berger Montague is investigating Walmart’s Board of Directors for potential breaches of fiduciary duties owed to the Company and its shareholders and is currently speaking with investors about their options.

What happens after I submit my information?

Your information will be reviewed by our legal team. If you appear eligible, we will contact you as soon as possible to discuss next steps and answer any questions you may have.

Will my personal information be kept confidential?

Yes. Any information you provide will be kept secure and used only for purposes related to this investigation.

Do I have to pay to speak with an attorney?

No. An initial consultation is completely free of charge. If you qualify, you will not be asked to pay any upfront legal fees.

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