But the agency still finds itself under a glare of publicity and potentially in a vulnerable business position.
Late last week, Draft sent a memo titled "Truth and Trust" to staffers and some clients that tries quell speculation and media coverage about its pitch for Wal-Mart's prized $570 million account.
In the memo, it says the agency began a "careful and methodical review of how the pitch was conducted on our end" following Wal-Mart's decision to fire advertising chief Julie Roehm and, a day later, DraftFCB. "We have completed this investigation, which has not uncovered any instances in which we violated either [DraftFCB or Interpublic] policy. It is important for you to know that--and equally important that our clients know that."
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