(October 2, 2017, 1:52 PM EDT) -- FAYETTEVILLE, Ark. — A retirement system has standing to bring its federal securities law claims against Wal-Mart Stores Inc. and its CEO to recover for damages sustained by the company as part of its alleged attempt to cover up a bribery scheme at its Mexican subsidiary because investors, not the company, will recover the proceeds of any favorable judgment, a federal judge in Arkansas ruled Sept. 29 in denying the defendants’ motion to dismiss (City of Pontiac General Employees Retirement System v. Wal-Mart Stores Inc., et al., No. 12-5162, W.D. Ark., 2017 U.S. Dist. LEXIS 160571)....