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Deere to pay $9.93 mln to settle US SEC bribery probe
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Deere to pay $9.93 mln to settle US SEC bribery probe
Sep 11, 2024 3:37 AM

Sept 10 (Reuters) - Deere agreed to pay $9.93

million to settle a U.S. Securities and Exchange Commission

probe into violations of a federal bribery law, the Foreign

Corrupt Practices Act, the regulator said on Tuesday.

The settlement resolves charges that from late 2017 through

2020, Deere subsidiary Wirtgen Thailand made improper payments

to foreign government officials, including at the Royal Thai Air

Force and the Department of Highways, to win business, and also

engaged in commercial bribery.

(Reporting by Jonathan Stempel in New York)

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