Court officials said the terms of the settlement between Coughlin and the Bentonville-based company would be sealed for 20 days. Tim Brooks, Coughlin's lawyer, said the settlement included some payment to his client, but he wouldn't say how much.
Thursday, August 21, 2008
Wal-Mart settles lawsuit with former executive who embezzled from company
Arkansas Bueiness Report notes that Wal-Mart has settled the lawsuit brought by former executive Tom Coughlin, who claimed he was owed benefits despite the fact that he pleaded guilty to embezzling more than $12 million from the company:
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