EPA FINES WAL-MART FOR VIOLATION OF STORM WATER PERMIT IN 3 STATES
NEW YORK — Wal-Mart Stores Inc. said on Wednesday that the Environmental Protection Agency fined the retailer $5.6 million for violating a storm water permit in three states.
Wal-Mart said the agency also threatened to sue the Bentonville, Ark.-based retailer along with five of its contractors for violations of the 1992 storm water permit at developments sites in Texas, New Mexico and Oklahoma.
The fine was revealed in the company’s quarterly earnings report filed with the Securities and Exchange Commission. The company did not elaborate on the fine or the EPA’s threat in the filing, and could not be reached for further comment late Wednesday.
Wal-Mart shares were down 1 to 66 Wednesday on the New York Stock Exchange.