Wal-Mart Lawsuit Appeal Could Worsen Image: Analyst

NEW YORK -- Drawn-out legal procedures in the gender discrimination lawsuit against Wal-Mart Stores will only exacerbate the company's public-image issues, Adrianne Shapira, an analyst with Goldman Sachs here, said in a published note last week.

NEW YORK -- Drawn-out legal procedures in the gender discrimination lawsuit against Wal-Mart Stores will only exacerbate the company's public-image issues, Adrianne Shapira, an analyst with Goldman Sachs here, said in a published note last week. She also said a settlement of the case "becomes more likely" once a re-hearing of a lower court decision by an expanded panel of judges from the Ninth Circuit Court of Appeals in San Francisco has taken place. The suit, filed in 2001

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