Coughlin Loses Bid to Prevent Sentencing: Report

BENTONVILLE, Ark. — Tom Coughlin, the former Wal-Mart executive who pled guilty to fraud and tax evasion charges related to the improper spending of company funds, may spend time in federal prison after all. A federal appeals court denied Coughlin’s bid to overturn an earlier court determination that a home-sentencing was too light a punishment, according to the Associated Press. Coughlin was previously sentenced to 27 months home confinement by a U.S. District Court judge after Coughlin’s lawyers argued that their client had health problems that wouldn’t receive adequate care in prison.

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