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WMT Walmart Inc

60.16
-0.05 (-0.08%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Walmart Inc NYSE:WMT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -0.08% 60.16 60.39 60.00 60.15 11,045,224 00:10:16

Walmart and Tracy Morgan Announce Settlement of Lawsuit Regarding New Jersey Turnpike Accident

27/05/2015 8:11pm

Business Wire


Walmart (NYSE:WMT)
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Walmart and Benedict P. Morelli, attorney for Tracy Morgan, Ardley Fuqua, and Jeffrey Millea, today announced a settlement agreement, ending a lawsuit against Walmart arising out of a multi-vehicle accident involving the men on June 7, 2014, on the New Jersey Turnpike. The terms and conditions of the settlement with Morgan and the other plaintiffs remain confidential.

"Our thoughts continue to go out to everyone that was involved in the accident," said Greg Foran, Walmart U.S. president and CEO. "While we know there is nothing that can change what happened, Walmart has been committed to doing what's right to help ensure the well-being of all of those who were impacted by the accident. We worked closely with Mr. Morelli, and we are pleased to have reached an amicable settlement that ends this litigation. We are deeply sorry that one of our trucks was involved."

Benedict Morelli stated, "Walmart and I worked diligently to reach this settlement for the plaintiffs and their families. Walmart took full responsibility for the accident, which we greatly appreciate."

Tracy Morgan said, "Walmart did right by me and my family, and for my associates and their families. I am grateful that the case was resolved amicably."

WalmartRandy Hargrove, 800-331-0085orMorelli Alters Ratner Law FirmBenedict P. Morelli, 212-751-9800

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