Violation Tracker Individual Record

Company: 
Monsanto Company
Current Parent Company: 
Monsanto
Penalty: 
$80,000,000
Primary Offense: 
accounting fraud or deficiencies
Violation Description: 

The SEC announced that Monsanto Company agreed to pay an $80 million penalty and retain an independent compliance consultant to settle allegations that it violated accounting rules and misstated company earnings as it pertained to its flagship product Roundup.

Year: 
2016
Date: 
9-Feb-16
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Missouri
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
chemicals
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.