SEC.gov | Monsanto Paying $80 Million Penalty for Accounting Violations

The Securities and Exchange Commission today announced that St. Louis-based agribusiness Monsanto Company agreed to pay an $80 million penalty and retain an independent compliance consultant to settle charges that it violated accounting rules and misstated company earnings as it pertained to its flagship product Roundup.  Three accounting and sales executives also agreed to pay penalties to settle charges against them.

via SEC.gov | Monsanto Paying $80 Million Penalty for Accounting Violations.

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