SEC fines Monsanto $80m for accounting violations

Agreement resolves investigation into Roundup-related customer incentive programs.

Monsanto said this week that it has reached an agreement with the U.S. Securities & Exchange Commission (SEC) fully resolving a previously disclosed SEC investigation into the financial reporting of its customer incentive programs related to Roundup products in fiscal years 2009, 2010 and 2011.

In agreeing to the settlement, Monsanto neither admitted nor denied the SEC’s allegations that the company violated certain provisions of the Securities Act of 1933 and the Securities Ex

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