John Deere, Thai and Massage parlor
Deere agrees to pay $10 million to settle SEC bribery charges
Securities and Exchange Commission announced that Deere & Company will pay nearly $10 million to settle an SEC investigation into a bribery scheme.
Deere & Company to Pay $9.93 Million to Resolve FCPA Violation Charges
Deere & Company, the well-known manufacturer behind the John Deere brand, has agreed to pay $9.93 million to settle charges from the U.S. Securities and Exchange Commission (SEC) for breaching the Foreign Corrupt Practices Act (FCPA).
SEC fines John Deere about $10 million for bribery scheme in Thailand
John Deere, the major farm equipment manufacturer based in Moline, Illinois, was fined about $10 million for a bribery scheme led by its subsidiary in Thailand, according to the Securities and Exchange Commission.
$10M John Deere Bribery Settlement Underscores Risks of Not Integrating Acquisitions
The Securities and Exchange Commission said that in the three years after Deere bought Wirtgen Thailand, the unit plied government officials with cash, massage parlor visits and lavish sightseeing trips to Europe.
Deere to pay $10 million for subsidiary's alleged participation in bribery scheme
The Securities and Exchange Commission said employees of the subsidiary, Wirtgen Group in Thailand, bribed Thai government officials to win contracts.
SEC Charges John Deere With FCPA Violations for Subsidiary's Role in Thai Bribery Scheme
September 10, 2024) - The Securities and Exchange Commission today announced that Deere & Company, which does business as John Deere, agreed to pay nearly $10 million to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its wholly owned subsidiary,
John Deere executives bribed Thai officials with trips to massage parlors: feds
The maker of John Deere tractors has agreed to pay a $10 million penalty to the US government to settle charges that it lavished Thailand government officials with extravagant trips and visits to massage parlors — bribes that netted its subsidiary more than $4 million in profit.
John Deere to pay $10M to settle FCPA violations by subsidiary in Thailand
Illinois-based manufacturer John Deere will pay approximately $10 million in penalties and disgorgement to the Securities and Exchange Commission for violating the Foreign Corrupt Practices Act with bribes paid by a Thai subsidiary.
Deere to pay nearly $10M to resolve Thai subsidiary’s bribery charges
Deere & Co. agreed to pay nearly $10 million over charges its Thai subsidiary used massage parlor “entertainment” as bribes.
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John Deere Reaches $9.9 Million Settlement with SEC over FCPA Violations
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John Deere Owner Trust looks to raise $1.4 billion in equipment finance
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Tractors to bicycles, John Deere green never changes
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Deere-Wiman House celebrates major capital campaign success during its annual Porch Party
The Deere-Wiman House, a historic landmark in Moline, reached a significant milestone with the successful completion of its ...